Richard Groome acquires securities of Sofame Technologies Inc.



    MONTREAL, May 20 /CNW Telbec/ - Mr. Richard Groome announces that on May
15, 2009, he acquired control and direction over an aggregate of 3,592,592
common shares of Sofame Technologies Inc. ("Sofame") pursuant to the exercise
of previously-issued common share purchase warrants and broker warrants of
Sofame for aggregate consideration of $437,500.
    Mr. Groome acquired, by way of exercise of 1,500,000 common share
purchase warrants, control over 1,500,000 common shares of Sofame. The
exercise of foregoing common share purchase warrants also resulted in the
acquisition by Mr. Groome of control over 1,500,000 additional common share
purchase warrants (the "Warrants"), each of which entitles the holder to
acquire one additional common share of Sofame at a price of $0.20 per share
until May 15, 2014. In addition, Notre-Dame Capital Inc., a company controlled
by Mr. Groome, acquired an aggregate of 2,092,592 common shares by way of
exercise of previously-issued compensation warrants, all of which were due to
expire on May 16, 2009.
    As a result of the foregoing transactions, Mr. Groome acquired control
over an aggregate of 3,592,592 common shares of Sofame, which represents 3.60%
of Sofame's currently issued and outstanding common shares on a
partially-diluted basis.
    Prior to the acquisition of the common shares and the Warrants described
above, Mr. Groome held, directly or indirectly, or had control or direction
over an aggregate of 3,339,833 common shares of Sofame. As a result of the
transactions described above, Mr. Groome has control over a total of 6,932,425
common shares of Sofame, which represent an interest of 6.94% in Sofame's
currently issued and outstanding common shares on a partially-diluted basis.
Assuming the exercise of all options and warrants held directly, indirectly or
over which Mr. Groome exercises control or direction, and the conversion of
outstanding debentures, Mr. Groome will have control over an aggregate of
18,026,461 common shares of Sofame, which represents an interest of 16.24% of
Sofame's currently issued and outstanding common shares on a partially-diluted
basis.
    The foregoing securities are held for investment purposes and, in
accordance with applicable securities laws, Mr. Groome may increase or
decrease his investment in Sofame depending on market conditions and other
relevant factors.




For further information:

For further information: Richard Groome, Notre-Dame Capital Inc., (514)
907-4989

Organization Profile

Sofame Technologies Inc.

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NOTRE-DAME CAPITAL INC.

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