The Futura Loyalty Group Inc.
TSX VENTURE : FUT

The Futura Loyalty Group Inc.

March 11, 2011 17:30 ET

The Futura Loyalty Group-Shares For Debt

TORONTO, ONTARIO--(Marketwire - March 11, 2011) - The Futura Loyalty Group Inc. (TSX VENTURE:FUT) (the "Company") today announced that it has closed a shares for debt transaction whereby the Company issued a total of 160,571 common shares ("Debt Settlement Shares") at a deemed price of $0.05. This transaction is in connection with the conversion of $8,028.54 of accrued interest on certain convertible debentures described in a press release dated February 17, 2009 into common shares of the Company. The issuance of the Debt Settlement Shares will not result in a change of control. The Company currently has 164,000,054 common shares issued and outstanding.

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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