MONTREAL, Aug. 11 /CNW Telbec/ - Common shares of BV! Media inc. (TSX
Venture: BVM) now qualify as valid shares under the Quebec Stock Savings Plan
This new stock savings plan was created in March 2009 by the Quebec
government to help small and medium-sized enterprises obtain financing via
public offerings and private placements. It currently provides taxable
benefits to individual investors in the amount of 150% of the amount invested.
"Being pre-qualified for this incentive program provides additional
sources of financing for us as we pursue our growth strategy", says Tom
Vorias, Chief Financial Officer of BV! Media. "It additionally allows
individuals already invested in this program to purchase our shares on the
secondary market, while retaining their taxable benefits."
About BV! Media inc.
BV! Media is a leading Canadian Internet media company, active in
Internet content and advertising.
BV! Media operates the leading Canadian interactive advertising network
with over 400 high quality sites. The BV! Media network reaches over 12
million unique users per month across Canada (source: comScore, June 2009).
BRANCHEZ-VOUS!, the content division of BV! Media, produces and
commercializes French-language Internet content. It operates
BRANCHEZ-VOUS.com, a news/tech portal, and Showbizz.net, an entertainment news
BV! Media is listed on the TSX Venture exchange under the symbol BVM and
has approximately 60.4 million shares outstanding. Additional information on
the Corporation can be obtained on SEDAR and at corpo.bvmedia.ca
The TSX Venture exchange has neither approved nor disapproved the
contents of this press release.
For further information:
For further information: Media: Patrick Pierra, Co-President and Chief
Executive Officer, (514) 337-9065 ext. 249, firstname.lastname@example.org; Analysts and
investors: Tom Vorias, Chief Financial Officer, (514) 337-9065 ext. 223,