E-xact Transactions Ltd.: Merger Finalized
December 03 2010 - 4:56PM
Marketwired
E-xact Transactions Ltd. ("E-xact") (TSX VENTURE: EXZ). Further to
the Company's news release on December 1, 2010 advising that the
merger resolution had been approved, the Certificate of Merger was
filed today in Delaware. A detailed discussion of the effect of the
filing is contained in the Company's information circular for the
meeting. All treasury and issued and outstanding shares of the
Company have been cancelled. Stockholders will receive a
transmission letter from Computershare Trust Company instructing
stockholders regarding delivery of their share certificates and
choice of merger consideration.
Peter Fahlman, CEO, President
The statements which are not historical facts contained in this
release are forward -looking statements that involve risks and
uncertainties. E-xact Transactions Ltd.'s actual results could
differ materially from those expressed or implied by such
forward-looking statement. Factors that could cause or contribute
to such differences include but are not limited to competition,
general economic conditions, currency fluctuations and other risks
detailed in the Company's filings with the Canadian securities
regulatory authorities.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: E-xact Transactions Ltd. Peter Fahlman CEO, President
604.691.1670 ext.110 pfahlman@e-xact.com www.e-xact.com
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