Multivision Announces Extension of Terms of Warrants
VANCOUVER, Feb. 22, 2013 /CNW/ - Multivision Communications Corp. ("MTV" or the "Company") (TSX VENTURE: MTV) announces that it has extended the expiration date of a total of 6,850,000 common share purchase warrants (the "Warrants") that were issued in connection with two private placements of units which completed on April 11, 2011 and January 16, 2012. Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.20 and was scheduled to expire between April 15, 2013 and January 16, 2014. The expiration of the 6,850,000 Warrants has been extended to 4:00 p.m. (Pacific Time) on June 30, 2014. All other terms of the Warrants shall remain the same.
Forward Looking Information This release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although MTV believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of MTV's management on the date such statements were made. MTV expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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SOURCE: Multivision Communications Corp.For further information:
Sandra Buschau, Corporate Secretary