TSXV TRADING SYMBOL: XX
TORONTO, Jan. 27, 2012 /CNW/ - (TSXV: XX) Avante Logixx Inc. ("Avante"
or the "Corporation") is pleased to announce that at a special meeting
of its shareholders held on January 26, 2012, it received the approval
to re-price 3,145,000 employee stock options at $0.10 per share, with
93.7% of disinterested shareholders present and voting, in favour of
the resolution as set out in the information circular dated December
19, 2011 which was distributed to the shareholders.
About Avante Logixx Inc.
Avante Logixx Inc. (TSXV: XX) is a Toronto based security and technology
company. Its primary operating subsidiary, Avante Security Inc. (www.avantesecurity.com), provides best in class security response and other executive security
services for residential and commercial applications as well as being
an industry leader in designing and installing complex security
systems, access control, and video analytics. The company continuously
develops innovative products and applications within its core
competencies. Please visit www.avantelogixx.com .
Additional information relating to Avante is available on SEDAR at www.sedar.com and on the Company's website at www.avantelogixx.com.
Please join our email list for company news at www.avantelogixx.com
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. The TSX
Venture Exchange Inc. has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved of the
contents of this release.
Certain statements in this release may constitute forward-looking
statements. Such forward-looking statements involve risks,
uncertainties and other factors, which may cause actual results,
performance or achievements of the Corporation to be materially
difference from future results, performance or achievements expressed
or implied by such forward-looking statements.
SOURCE Avante Logixx Inc.
For further information:
Leland Verner, Chairman, (416) 823-7474, firstname.lastname@example.org
George Rossolatos, Co-CEO, (416) 923-6984 x221, email@example.com