Mr. Greg Wong reports

RIWI CLOSES WORKING CAPITAL LOAN FACILITY

Riwi Corp. has closed its previously announced loan facility with Pathfinder Asset Management Ltd., an insider of the company, to obtain a $1-million working capital loan.

The loan will have a term of two years and will accrue interest at the rate of 12 per cent per annum, with principal due and payable on maturity and interest payable semi-annually. The company also paid a loan bonus of $200,000, representing 20 per cent of the value of the loan. The loan bonus was satisfied by Riwi issuing 400,000 Riwi common shares to the lender, at a deemed price per share of 50 cents.

As the lender is an insider and non-arm's-length party to the company, the provisions of TSX Venture Exchange Policy 5.9 and Part 5 of Multilateral Instrument 61-101, Protection of Minority Holders in Special Transactions, apply. However, pursuant to sections 5.5(a) and 5.7(a) of MI 61-101, the loan is exempt from the minority approval and formal valuation requirements of such instrument on the basis that fair market value of the transaction is not more than 25 per cent of the market capitalization of the company.

The company intends to use the net proceeds of the loan for working capital management and general corporate purposes, and to support the continued growth of Riwi and its push to profitability.

About Riwi Corp.

Riwi is a market research platform and global trend-tracking and prediction technology firm. On a monthly or annual subscription basis, Riwi offers its clients tracking surveys, continuous risk monitoring, predictive analytics and ad effectiveness tests in all countries.

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