FMX Ventures Inc. formerly Footmaxx Holdings Inc.

FMX Ventures Inc. formerly Footmaxx Holdings Inc.

May 01, 2009 12:17 ET

FMX Ventures Inc. Misses Filing Deadline

TORONTO, ONTARIO--(Marketwire - May 1, 2009) - FMX Ventures Inc. (the "Company") (NEX BOARD:FMX.H) announced today that it has missed the April 30, 2009 deadline for the filing with securities regulatory authorities of its December 31, 2008 audited annual financial statements and related management's discussions and analysis. As disclosed in the Company's press release dated April 17, 2009, the Company has recently determined not to proceed at the present time with its previously approved voluntary dissolution, which was to have occurred on or before April 30, 2009. As a result of this very recent change in corporate direction, the Company's was only able to commence the preparation of the annual filings and audit a short time ago and with insufficient time to complete this documentation by the filing deadline. The Company and its auditor are working diligently to complete these filings and the Company expects to be in a position to effect these filings on or before May 8, 2009.

Forward-looking Statements

This release may contain projections and other forward-looking statements regarding future events. Such statements are predications involving known and unknown risks, uncertainties and other factors that may cause the actual events or results to be materially different. Although the Company believes that the forward-looking statements contained herein are reasonable, it can give no assurance that the Company's expectations are correct. For information concerning factors affecting the Company's business, the reader is referred to the documents that the Company files from time to time with applicable Canadian securities and regulatory authorities.

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

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