The Futura Loyalty Group Inc.

The Futura Loyalty Group Inc.

April 06, 2009 10:52 ET

The Futura Loyalty Group Raises $400,000 Through Private Placement

TORONTO, ONTARIO--(Marketwire - April 6, 2009) - The Futura Loyalty Group Inc. (TSX VENTURE:FUT) (the "Company") today announced that it has completed an initial closing of its private placement that was previously announced in a press release dated February 17, 2009. The Company raised $400,000 by way of equity units ("Units").

Each Unit cost $0.04 and consists of one common share of the Company (a "Common Share") and one Common Share purchase warrant ("Common Share Warrant"). Each Common Share Warrant gives the holder the right to purchase one Common Share at a price of $0.07 for a period of 12 months from the closing date and $0.10 for a 12 month period commencing on the first anniversary of the closing date.

Belweather Capital Partners acted as agent to complete the financing and will be paid a cash commission of 6% of the gross proceeds of the financing on orders raised by Belweather and a reduced commission of 3% on proceeds from investors sourced by the Company. In addition, Belweather has been granted 450,000 broker warrants giving it the right to purchase Common Shares at an exercise price of $0.05 per Common Share for a period of 12 months from the closing date and $0.10 for a 12 month period commencing on the first anniversary of the closing date. David Beutel and David Campbell are shareholders of Belweather and are also directors of the Company.

All of the securities issued on the closing date are subject to restrictions on resale until August 8, 2009 as prescribed under applicable securities laws and the policies of the TSX Venture Exchange ("TSXV"). The private placement is subject to final approval by the TSXV. The Company currently has 112,246,554 common shares issued and outstanding.

About The Futura Loyalty Group Inc.

The Futura Loyalty Group offers mid size retail chains and service companies access to three different national coalition loyalty programs: Futura Rewards, Aeroplan® and StudentSaver, enabling businesses to cost-effectively target consumers in various life stages and socio-economic groups.

Futura also develops co-branded and customized programs, allowing organizations to develop cost-efficient custom loyalty solutions by applying their branding to Futura's advanced suite of loyalty applications; its proprietary Offer Management System, the newly developed web-based reward issuance application, an array of point of sale systems issuance integrations, its advanced merchant transactional reporting interface (Futura Intelli-Terminal) and its website content management module.

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Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend" and similar expressions to the extent they relate to the Company or its management. The forward looking statements are not historical facts, but reflect the Company's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including any risks and uncertainties described herein, as well as the risks and uncertainties detailed in our final long form prospectus dated November 29, 2005 filed with the regulatory authorities.

TM Trademark of The Futura Loyalty Group Inc.

The TSX-Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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