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Home : August 16 2012 Computer News : Poynt Corporation Receives Extension to Creditor Protection in Order to Work Towards Closing Debtor-In-Possession Financings

Poynt Corporation Receives Extension to Creditor Protection in Order to Work Towards Closing Debtor-In-Possession Financings

August 16, 2012

CALGARY, ALBERTA--(Marketwire - Aug. 15, 2012) - Poynt Corporation (TSX VENTURE:PYN) ("Poynt Corp." or the "Company"), a global leader in mobile local search and advertising, today announced that the Court of Queen's Bench of Alberta (the "Court") granted an order extending its creditor protection until Monday, August 20, 2012. The extension will allow the Company additional time to work towards closing debtor-in-possession ("DIP") financings.

Link: http://www.marketwire.com/mw/release.do?id=1691444&sourceType=3
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