HTN Inc.

HTN Inc.

December 15, 2011 19:42 ET

HTN Inc. Declares Special Dividend

TORONTO, ONTARIO--(Marketwire - Dec. 15, 2011) -


HTN Inc. ("HTN" or the "Company") (TSX VENTURE:HET) is pleased to announce that it is declaring a special dividend (the "Dividend") of $0.008 per common share ("Common Share") of the Company, payable as a return of capital to the Company's shareholders. The Dividend is payable in connection with HTN's previously closed asset sale transaction which resulted in the assets of the Company being sold to a private company for cash consideration of $1,600,000 (see HTN's press release dated August 31, 2011). The Company used the proceeds received from the sale of its assets to discharge its remaining liabilities and is now in a position to distribute the residual amount to holders HTN Common Shares.

The Dividend will be payable on December 30, 2011 to shareholders of record on December 14, 2011.

READER ADVISORY: FORWARD-LOOKING STATEMENTS Certain information set forth in this document, including management's assessment of HTN's future plans contain forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond these parties' control, including the impact of general economic conditions, industry conditions, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. HTN's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that HTN will derive therefrom. HTN disclaims any intention or obligation to update or review any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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