Mint Technology Corp.
TSX VENTURE : MIT

Mint Technology Corp.

March 08, 2011 12:19 ET

Mint Announces Series 2 Debenture Closing

TORONTO, ONTARIO--(Marketwire - March 8, 2011) -  

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Mint Technology Corp. (TSX VENTURE:MIT) announced that it has completed the issuance of USD$950,000 of secured debentures and 1,900,000 bonus common shares by private placement. This is the first of a series of closings of the USD$2,000,000 financing announced by Mint on March 1, 2011. The debentures and common shares are subject to a hold period expiring on July 8, 2011.

ABOUT MINT TECHNOLOGY CORP

Mint Technology Corp. is a pioneer in prepaid financial products and services and was Canada's first provider of prepaid credit card programs. Today, Mint through its subsidiary Mint Middle East LLC based in Dubai designs, builds and manages an end to end card based payments solution for employers and employees for the payment of wages and benefits. Mint has developed a secure, robust payments platform that provides an improved means to handle and manage these financial transactions. Mint also provides services for those clients looking to move towards 'next generation' payment methods that include chip, internet, data mining and mobile phone load and money remittance technologies.

For additional information please visit www.mintinc.com.

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