FMX Ventures Inc.

March 26, 2009 17:42 ET

FMX Ventures Inc. Announces Results of Special Meeting of Shareholders

TORONTO, ONTARIO--(Marketwire - March 26, 2009) - FMX Ventures Inc. (NEX BOARD:FMX.H) (the "Company") announced today that at a special meeting of shareholders held on Thursday, March 26, 2009, the shareholders of the Company approved the voluntary dissolution of the Company and the delisting of the Company's shares from the NEX trading board of the TSX Venture Exchange, subject to the authority of the Board of Directors to revoke the resolution authorizing the dissolution. As a result, the Company will continue with its ongoing efforts to settle its liabilities and obligations and obtain all other required consents to the dissolution with a view to filing articles of dissolution on or before April 30, 2009.

Forward-looking Statements

Certain statements included in this press release may constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation including with respect to the Company's continued efforts to settle its liabilities and obtain all required consents to proceed with the dissolution. The terms and phrases "will", "continue" and "with a view to" and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on information available to the Company on the date of this release and management's experience and assessment of current economic and market conditions and expected future developments and are subject to certain risks and uncertainties including, but not limited to, the, the Company's financial position and the possibility that Company and/or its shareholders receive and elect to pursue an offer in respect of an alternative transaction. Consequently all forward-looking statements made herein are qualified by these cautionary statements and there can be no assurance that the developments contemplated by this press release will be realized. The Company assumes no obligation to update these forward-looking statements for any reason, except as required by law.

Number of Common Shares issued to date - 39,342,894

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