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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

Bullboard Posts
Post by habstraderson Jun 03, 2013 6:50am
196 Views
Post# 21474426

not two days but it's 3 weeks.. sorry my mistake

not two days but it's 3 weeks.. sorry my mistake

sorry guys, don't know why, I really tought the window was for 2 days only (but it's start two days after the end of a fiscal quarter or year), but it looks like it's only 3 weeks (next blackout period will start one week prior to the fiscal quarter so it's gonna be June 23th) 

So they have about 3 times 3 weeks in a year to trade. Here is a copy paste of the policies found on Mint website.

During the propesctus they couldn't trade, so I was right saying it has been almot a year since they could trade. In any case the next 3 weeks will be very exciting... !

3.2 No Trading on Inside Information

An Insider may not buy or sell Mint‘s securities while in possession of material information concerning Mint or its subsidiaries that is not generally known to the public. In addition, an Insider may not buy or sell securities of another public company while in possession of material, non-public information regarding that company, which knowledge was gained in the course of the Insider’s work at, or affiliation with, Mint. Material information is not to be considered generally known to the public until the second trading day after such information is released to the public. Accordingly, Insiders should not engage in any purchases or sales of such securities (including securities purchased prior to the Insider’s employment or affiliation with Mint or in the open market) until the second trading day after material information has been released to the public. In addition, certain actions taken by Insiders in connection with “equity monetization” or similar transactions may be considered a sale of common shares for this purpose.

3.3 Regular and Special Blackout Periods

Mint imposes a regular trading blackout period for Insiders beginning one week prior to the end of a fiscal quarter or fiscal year and ending on the second trading day after the public release of quarter or year-end results. Special trading blackouts may also be imposed by the Disclosure Policy Committee (members of the committee are the Chief Executive Officer, the Audit Committee Chair of the Corporation and the Chief Financial Officer) from time to time as a result of special circumstances relating to Mint. A special trading blackout may apply to all Insiders or certain Insiders (e.g., Reporting Insiders). The Committee will notify affected Insiders of the imposition of a special trading blackout and its duration, if known (affected Insiders will be notified when the trading ban is lifted, if the duration was not stated at the outset). An affected Insider may not buy or sell Mint‘s securities during a regular or special trading blackout. Notwithstanding the foregoing, the Committee may, at its discretion, waive the prohibitions contained in this paragraph in exceptional circumstances, provided that the Insider seeking the waiver does not possess any material, non-public information and that making such an exception would not violate any applicable securities laws. If in doubt, ask the COO or Operations Manager of Mint.

 

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