Mint Amends and Converts Certain Debentures

Mint Amends and Converts Certain Debentures - AlphaTrade Finance
 Mint Technology Corp. (TSX VENTURE:MIT) is applying to the TSX Venture Exchange to reduce the conversion price of $418,000 of convertible debentures issued in 2009. The debentures are convertible into units (the 'conversion units') consisting of one common share and one common share purchase warrant.

Subject to TSX Venture Exchange approval, Mint intends (a) to reduce the price at which the debentures are convertible into conversion units from $0.12 to $0.10, (b) to extend the term of any debentures not converted from March 31, 2011 to December 31, 2011, (c) to allow the holder of the debenture to demand payment of the debenture at any time after March 31, 2011, and (d) to extend the term of the warrants forming part of the conversion units to December 31, 2011.