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.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Multivision Communications Corp.
For further information:
Sandra Buschau, Corporate Secretary