TORONTO, Oct. 2 /CNW/ - Advantex Marketing International Inc., (the "Company") a leading specialist in merchant funding and loyalty marketing programs, today announced that the Toronto Stock Exchange has extended the date for the delisting of the Company's common shares to close of trading on October 14, 2009.
The TSX Venture Exchange (the "TSXV") has completed its review of the Company's application to list its common shares on the TSXV, and the extension period is to allow the Company to meet certain conditions in the TSXV's conditional approval to list the Company's common shares on the TSXV, prior to the delisting on the Toronto Stock Exchange.
About Advantex Marketing International Inc.
Advantex is a specialist in the marketing services industry, managing white-labeled rewards accelerator programs for major affinity groups through which their members earn bonus frequent flyer miles and/or other rewards on purchases at participating merchants. Under the umbrella of each program, Advantex provides merchants with marketing, customer incentives, and secured future sales through its Advance Purchase Marketing model. Advantex partners include more than 1000 restaurants, online retailers, golf courses, small inns and resorts, and major organizations, including CIBC, United Airlines, Alaska Airlines, and Lufthansa Airlines. Advantex is currently traded on the Toronto Stock Exchange under the symbol "ADX". For additional information on Advantex, please visit www.advantex.com.
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, prospects and/or opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes the expected timing of the delisting of the Company's common shares from the TSX, and the expected timing and/or the ability of the Company to meet the requirements in the TSXV's conditional approval in order for the Company to list its common shares on the TSXV. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's management's discussion and analysis for its most recently completed financial year including those noted under the headings "General Risks and Uncertainties" and "Economic Dependence", and under the heading "Risks and Uncertainties" in Company's annual information form for its most recently completed financial year, copies of which are available under the Company's profile on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
SOURCE ADVANTEX MARKETING INTERNATIONAL INC.
For further information: For further information: Mukesh Sabharwal, Vice-President and Chief Financial Officer, Tel: (905) 470-9558 ext. 249, E-mail: Mukesh.firstname.lastname@example.org