The Futura Loyalty Group Inc.
TSX VENTURE : FUT

The Futura Loyalty Group Inc.

July 16, 2009 14:12 ET

The Futura Loyalty Group-Shares For Debt

TORONTO, ONTARIO--(Marketwire - July 16, 2009) - The Futura Loyalty Group Inc. (TSX VENTURE:FUT) (the "Company") today announced today that it has closed a shares for debt transaction with Pinpoint Marketing Partners ("Pinpoint"), whereby the Corporation issued 700,000 common shares ("Debt Settlement Shares") of the Corporation at a deemed price of $0.05 to a principal of Pinpoint to settle an outstanding debt of $35,000. The issuance of the Debt Settlement Shares will not result in a change of control. The Company currently has 133,846,554 common shares issued and outstanding.

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