The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Marketwire

Mint Provides Financing Update

Monday, February 11, 2013

Mint Provides Financing Update17:11 EST Monday, February 11, 2013TORONTO, ONTARIO--(Marketwire - Feb. 11, 2013) -NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.Mint Technology Corp. (TSX VENTURE:MIT) ("Mint" or the "Company") announces that, further to its press release of February 6, 2013, it has withdrawn the prospectus which it filed with the securities commissions of Alberta, British Columbia, Manitoba, Saskatchewan and Ontario in September 2012. Mint is pursuing alternatives for a comprehensive financing package as announced on February 6, 2013 and expects to be in a position to make further comment prior to the end of this week. ABOUT MINT TECHNOLOGY CORP Established in 2004, Mint is the world's first vertically integrated prepaid card and payroll services provider with its own ATM network, payment processing platform and proprietary branded card product delivered to workers in the United Arab Emirates and expanding to other parts of the Middle East. Mint operates through 4 subsidiaries, Mint Middle East LLC, a payroll card services provider; Mint Capital LLC, a financial products distribution company; Mint Global Processing Inc., a fully integrated third party processing platform; and ePAY, a mobile airtime POS and Merchant network solutions business. Mint has 108 employees in 8 offices in UAE (3), Qatar, Jordan, Egypt, USA and Canada where Mint is listed on the TSX Venture Exchange: MIT.For additional information please visit FURTHER INFORMATION PLEASE CONTACT: NEITHER 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. Contact Information: Mint Technology Corp.Nabil BaderPresident & CEO+971 506457719nbader@mintinc.comMint Technology Corp.Nicole SouaddaHead of Compliance and Investor