LONGUEUIL, QC, Jan. 10 /CNW Telbec/ - SECTION ROUGE MEDIA INC.
(TSX-V: SRO) ("Section Rouge Média") announced today that it has divested
itself of its crossword magazines, as well as the Horoscope-Quotidien title.
The Company has accepted a $230,000 cash offer from 4366832 Canada Inc., based
in Saint-Jean-sur-Richelieu, for the publications in question. The deal was
closed on December 19 of last year.
Richard Desmarais, President and CEO of Section Rouge Média, indicated
that this move will leave the Company free to focus on publications offering
higher potential for growth and profitability.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Richard Desmarais, President and CEO, Section
Rouge Média inc., (450) 677-2556, sedar.com