2262554 Ontario Inc. Intellectual Property License Agreement
TORONTO, April 11, 2012 /CNW/ - 2262554 Ontario Inc. ("226") announced today that, as a result of the recently completed transaction with RXT 110 Inc. (the "Company") pursuant to which the Company acquired an intellectual property license from 226, it beneficially owns 20,000,000 Class A Shares of the Company. The shares were issued from treasury of the Company in consideration for the license granted to the Company. Following completion of the transaction, 226 is the registered holder of approximately 35.8%% of the issued and outstanding shares of the Company. 226 will file an "Early Warning Report" with Canadian Securities Administrators shortly which will be available at www.sedar.com.
For further information:
2262554 Ontario Inc.
Attention: President
2200 Yonge Street, Suite 603
Toronto, Ontario
M4S 2C6
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