Mr. Santhosh Kumar reports

ADVANTEX ANNOUNCES AMENDMENT TO DEBENTURES

Advantex Marketing International Inc. has obtained requisite approval from holders of its 9 per cent senior secured non-convertible debentures in the aggregate principal amount of $7,759,000 and maturing Dec. 31, 2025, to:

1. Amend the maturity date of the debentures from Dec. 31, 2025, to Dec. 31, 2027;
2. Defer the payment of interest due on Dec. 31, 2025, to Dec. 31, 2027; and
3. Amend the debentures to add the following term to each debenture:

"2.11 penalty payment

"In the event the corporation fails to repay the full principal amount of this debenture and pay the unpaid interest accrued thereon on or before Dec. 31, 2027, the corporation will owe a penalty payment to the holder of an amount equal to 2.25 per cent of the principal amount of this debenture. No interest shall accrue or be payable on the penalty payment amount."

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX.