Coventree Announces Final Date for Trading of its Common Shares on NEX

NEX Symbol:  COF.H

TORONTO, Feb. 3, 2012 /CNW/ - Coventree Inc. (NEX: COF.H) ("Coventree" or the "Company") announced today that the last day on which its common shares may be traded on NEX is February 14, 2012.

Previously, Coventree announced that the winding up of the Company will commence on or about February 15, 2012 (the "Effective Date") and that, on the Effective Date, the Board of Directors will be deemed to have resigned and Duff & Phelps Canada Restructuring Inc. will be appointed the liquidator of the Company for the purpose of winding up its affairs. The Company also said that it intended to apply to NEX for approval to maintain the listing and trading of its common shares on NEX during the early stages of the winding up process. In response to Coventree's application, NEX has advised Coventree that it will not consent to the continued trading of Coventree's common shares after the winding up has commenced. Coventree has determined that the Effective Date will be February 15, 2012.  As a result, February 14, 2012 will be the final day for trading in Coventree's common shares on NEX. On and after February 15, 2012, all transfers in Coventree's common shares will be void unless made with the sanction of the Liquidator.    

This press release is intended for distribution in Canada only.

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 Coventree Inc.

For further information:

Craig Armitage
The Equicom Group Inc.
Tel: (416) 815-0700 x278
          Ani Hotoyan-Joly
Coventree Inc.
Tel: (416) 572-2721


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Coventree Inc.

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