FRV Media Inc. Announces Change in Control
January 13 2010 - 4:44PM
Marketwired
FRV Media Inc. (the "Corporation") (TSX VENTURE: FRV.H) announces
today that there has been a change in control of the Corporation.
The change of control is the result of the acquisition (the
"Acquisition") by Palos Capital Pool, L.P. ("Palos") for investment
purposes of approximately 64.04% of the Corporation's issued and
outstanding Class A Shares by way of private agreements with no
more than five (5) of the Corporation's shareholders.
Pursuant to the Acquisition, Palos acquired a total of
60,530,020 Class A Shares (the "Shares") for a purchase price of
$0.0025 per share representing an aggregate consideration of
$151,425.05.
Neither the 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.
Contacts: FRV Media Inc. Richard Laferriere President and Chief
Executive Officer 514-975-4500 rlafe@catrialex.com
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