Parta corporate updates
June 25 2012 - 4:13AM
PR Newswire (Canada)
TSXV: PAD MONTREAL, June 15, 2012 /CNW Telbec/ - Parta Dialogue ,
experts in Social Campaign Optimization and Social Learning,
announces the following corporate updates: Investors' relation firm
options grant As per the press release of the Corporation dated
November 3, 2011, Parta granted today to its investors' relation
firm PaRadox Public Relations Inc., options to acquire up to
300,000 common shares of PARTA at the exercise price of $0.25 per
common share, exercisable on or before November 1, 2013, 225,000 of
such options being fully vested and the remaining 75,000 options
vesting on August 1, 2012. Amalgamation of subsidiaries In order to
streamline its corporate structure, Parta announces its intent to
amalgamate its majority-owned subsidiaries Alternative Media
Initiative Inc. ("AMI") and IPEXCO Inc. ("IPEXCO") and its inactive
wholly-owned subsidiaries Alternative Channel TV Inc. and Rethos
Inc., conditional upon receiving approval from the shareholders of
its subsidiaries AMI and Ipexco on or before the duly called
shareholders meetings thereof to be held on July 10, 2012. Under
the Amalgamation Agreement, the minority shareholders of AMI and
Ipexco will receive up to 49,331 common shares of Parta. The
wholly-owned subsidiary of Parta resulting from the amalgamation
will pursue the activities of its active amalgamating subsidiaries
under the name Engagement Labs Agency Inc. shall the amalgamation
be completed. About PARTA PARTA offers Social Media and Social
Learning solutions to its clients from offices in Montreal, Paris
and Mexico and is the developer of leading eValue™ Social Media ROI
Suite: www.evaluesuite.com Many visionary businesses already
employ PARTA's solutions for internal and external online
engagement. Among these are Renault, Orange, Michelin,
Hydro-Québec, Iusacell (Mexico), Dassault Systems, Nestlé Waters
and Crédit Agricole. www.partadialogue.com PARTA is listed on the
TSX Venture Exchange under the symbol PAD and operates through two
subsidiaries: #engagementlabs, an all-digital agency offering a
targeted range of social strategies, customized engagement
platforms and analytic tools to measure performance and ROI totally
focused on social engagement & optimization:
www.engagementlabs.com. edu-performance, totally focused on
internal engagement and productivity, Edu-Performance offers
customized Social Learning and online training solutions:
www.eduperformance.com. Other Information The options grant and the
proposed amalgamation contemplated under this press release remain
subject to applicable regulatory approvals. The TSX Venture
Exchange Inc. has neither approved nor disapproved the contents of
this press release. "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." PARTA DIALOGUE INC.
CONTACT: Paul Allard, President & CEOParta Dialogue Inc.+1
(514) 831-4245paul.allard@partadialogue.com
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