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Mint Corp V.MIT

Alternate Symbol(s):  MITJF

The Mint Corporation, through its subsidiaries, is a globally certified payments company. The Company is focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Company provides employers with payroll cards for their unbanked employees. It offers employers scalable, flexible and payroll card management solutions through its globally certified payments platform. It also focuses on facilitating payroll disbursement for unbanked workers, employees not qualified for traditional bank accounts. Its UAE operations comprise five entities, including Mint Middle East LLC (MME), Mint Electronic Payment Services Ltd (MEPS), Mint Capital LLC (MCO), Mint Gateway for Electronic Payment Services (MGEPS) and Hafed Holding (Hafed). MME is a payroll card services provider facilitating an automated and secure payroll system to employers in the UAE. Its UAE operations payroll cards and mobile app are branded under the Hafed name.


TSXV:MIT - Post by User

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Post by sethroon Oct 09, 2012 9:50am
141 Views
Post# 20463768

NEWS - NO MATERIAL CHANGE

NEWS - NO MATERIAL CHANGE
Mint Announces No Material Change<MIT.V>



9:45 AM Eastern Daylight Time Oct 09, 2012

    (via Thenewswire.ca)Toronto, Ontario - October 9, 2012 - Mint Technology Corp. (TSX Venture: MIT) ("Mint" or the "Company") announces it is not aware of any material undisclosed developments or information that would give rise to the market trading activity of the Company's shares on Friday, October 5th, 2012. Based on the number of shares traded, the Company is assuming that one of its larger institutional shareholders is selling its position due to a change in investment strategy.ABOUT MINT TECHNOLOGY CORPEstablished in 2004, Mint is the world's first vertically integrated prepaid card and payroll services provider with its own ATM network, payment processing platform and proprietary branded card product delivered to workers in the United Arab Emirates and expanding to other parts of the Middle East. Mint operates through 4 subsidiaries, Mint Middle East LLC, a payroll card services provider; Mint Capital LLC, a financial products distribution company; Mint Global Processing Inc., a fully integrated third party processing platform; and ePAY, a mobile airtime POS and Merchant network solutions business. Mint has 108 employees in 8 offices in UAE (3), Qatar, Jordan, Egypt, USA and Canada where Mint is listed on the TSX Venture Exchange: MIT.NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.For additional information please visit www.mintinc.com or contact: Mint Technology Corp. ---------------------------------------------------------------- |Nabil Bader |Nicole Souadda | |President & CEO |Head of Compliance and Investor Relations| |Tel: +971 506457719 |Tel: 610-995-2655 | |nbader@mintinc.com |nsouadda@mintinc.com | ----------------------------------------------------------------Copyright (c) 2012 Thenewswire.ca - All rights reserved.

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