FMX Ventures Inc.

April 17, 2009 13:54 ET

FMX Ventures Inc. Announces Shareholders Sale of Shares

TORONTO, ONTARIO--(Marketwire - April 17, 2009) - FMX Ventures Inc. (the "Company") (NEX BOARD:FMX.H) has been advised that its two principal shareholders have entered into share purchase agreements pursuant to which they have agreed to sell their common shares of the Company to third parties subject to certain conditions of closing, including approval of the TSX Venture Exchange. Therefore, at the request of the principal shareholders, the Company has agreed not to proceed with the previously approved voluntary dissolution of the Company at this time, and will be proceeding to prepare, file with applicable securities regulators and deliver to shareholders its financial statements and management's discussions and analysis for the year ended December 31, 2008 and for the first quarter ended March 31, 2009.

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

Contact Information