TORONTO, Jan. 15 /CNW/ - Advantex Marketing International Inc.
("Advantex" or the "Company") (TSX: ADX), a leading specialist in merchant
funding and loyalty marketing programs, announces that the Toronto Stock
Exchange ("TSX") is reviewing the eligibility of the Company's common shares
(the "Common Shares") for continued listing on the TSX. In particular, the TSX
has indicated that it appears that: (i) the public distribution, price or
trading activity of the Common Shares has been so reduced as to not warrant
continued listing; and (ii) the market value of the Common Shares has been
less than $3.0 million for a period of 30 consecutive trading days. The
Company has been granted 210 days to comply with all requirements for
continued listing on the TSX. The Company and its representatives are
currently in discussion with the TSX regarding this matter. Should the TSX
decide to delist the Common Shares, the Common Shares may qualify for listing
on the TSX Venture Exchange or NEX.
About Advantex Marketing International Inc.
Advantex is a specialist in the marketing services industry, managing
white-labeled rewards accelerator programs for major affinity groups through
which their members earn bonus frequent flyer miles and/or other rewards on
purchases at participating merchants. Under the umbrella of each program,
Advantex provides merchants with marketing, customer incentives, and secured
future sales through its Advance Purchase Marketing model. Advantex partners
include more than 700 restaurants, online retailers, golf courses, small inns
and resorts, and major organizations, including CIBC, United Airlines, Alaska
Airlines, and Lufthansa Airlines. Advantex is traded on the Toronto Stock
Exchange under the symbol "ADX". For additional information on Advantex,
please visit www.advantex.com.
For further information:
For further information: Mukesh Sabharwal, Vice-President and Chief
Financial Officer, Tel: (905) 470-9558, E-mail: Mukesh.firstname.lastname@example.org