Business
Invictus Financial Provides Update on Divesture and Financial Statements
VANCOUVER, Sept. 15, 2011 /CNW/ - Invictus Financial ("Invictus" or the "Company") (TSX VENTU...
About this update from Mapath Capital Corp
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, Sept. 15, 2011 /CNW/ - Invictus Financial (\"Invictus\" or the\n \"Company\") (TSX VENTURE: IVF, PINK SHEETS: IVFZ) provides the following\n update to shareholders.\n\n\nQ2 Financial Statements\n\n\nInvictus filed its second quarter financial statements on September 12,\n 2011 on SEDAR.  The Company expects the B.C. Securities Commission to\n lift the cease trade order for the failure to file the Q2 financial\n statements shortly.\n\n\nUpdate on Divesture and Reinstatement of Trading in Invictus Shares\n\n\nOn May 27, 2011 Invictus filed on SEDAR (www.sedar.com) a cover letter and four page document outlining the divesture of the\n Company's operating subsidiary, Stockgroup, and asking shareholder's to\n print and return to the Company their approval.  Stockgroup was sold to\n related parties on June 11, 2010 in exchange for a royalty and the\n assumption of approximately $2.1 million dollars in liabilities.\n\n\nThe Company has received 22,295,532 votes to date from shareholders\n approving the transaction.  The Company requires an additional 779,000\n shares to be voted approving the transaction to comply with the TSX\n Venture Exchange regulations and to be reinstated for trading.\n\n\nShareholders can download the document from SEDAR at:\n\n\nhttp://sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=00018363&fileName=/csfsprod/data118/filings/01751241/00000001/h%3A%5CCLIENT%5C7870%5C7870-001%5CDocument%5Ccover-ltr-sedar-110518.pdf\n\n\nShareholders are asked to download and send their forms to the company\n by fax to 604.642.0899 or by email to [email protected].  Upon receipt of the additional approvals, the Company will be in\n compliance with the TSX Venture Exchange's requirements related to the\n divesture.\n\n\nAbout Invictus Financial\n\n\nInvictus Financial is an online media firm which owns a performance\n based royalty and is pursuing business opportunities in the financial\n industry.\n\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider\n (as that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release.\n\n\n","length":2382,"tagName":"div"}]