MedMira Inc V.MIR

RE: Heads up on MIR (I think the reason is...)

[lalala1]

I think he was talking about MIT not MIR MINT TECHNOLOGY CORP. ANNOUNCES APPROVAL OF SHARE CONSOLIDATION Toronto, Ontario CANADA, February 29, 2008 /FSC/ - Mint Technology Corp. (TSX - VX: MIT, OTCBB_Pink_Sheets: MITPF), ("Mint") today announced that the TSX-Venture has given final approval to the share consolidation approved by shareholders at the annual meeting on February 29, 2008. The common shares of Mint will be consolidated on a one-for-twenty basis and posted for trading at the opening on March 4, 2008, under the new CUSIP number 60446N204. A total of 8,652,242 common shares will be outstanding following the consolidation. Letters of Transmittal were mailed to registered holders of common shares on or about February 4, 2008 requesting them to forward their completed Letters of Transmittal together with their common share certificates to Computershare Investor Services Inc. at its principal office in Toronto in exchange for share certificates representing the number of consolidated common shares of the Company to which they are entitled. All of the resolutions presented to shareholders at the annual and special meeting were approved, including (a) a special resolution approving the consolidation, (b) a special resolution reducing the stated capital for Mint's common shares by deducting the amount of $17,057,758 and to crediting $17,057,758 to the retained earnings deficit account of the Corporation, (c) a resolution of disinterested shareholders confirming the amendment of stock options to purchase up to 6,890,000 pre-consolidation common Shares (344,500 post-consolidation common shares), granted under the Corporation's incentive stock option plan, by reducing the post-consolidation exercise price of those options to $0.15 and extending the term of those options to December 31, 2010. ABOUT MINT TECHNOLOGY CORP.: Through its wholly owned subsidiaries, Mint is a leading payment solutions company. With its' payment platform and prepaid credit card programs, Mint is the first in Canada to facilitate and deploy prepaid credit cards with unique features such as cobranding and loyalty programs, and new wireless payment alternatives such as contactless functionality. The company is headquartered in Toronto, Ontario. www.mint-technology.ca. FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release - including, without limitation, statements regarding future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. For further information please contact: Mike Forzley, CA Chief Financial Officer Mint Technology Corp. Phone: [phone] ext. 243 Fax: [phone] Email: [e-mail]