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Mint Closes First Round of Equity Private Placemen
 


Mint Closes First Round of Equity Private Placement
  (via Thenewswire.ca)
 Toronto, Ontario - February 6, 2013 - Mint Technology Corp. (TSX Venture: MIT) ("Mint" or the "Company") is pleased to announce that it has completed the issuance of CAD$125,000 of units and it has received a subscription and funds for CAD$1,370,000 of non-voting convertible preferred shares of Mint. The securities issued are subject to a hold period expiring on June 6, 2013. This closing was unbrokered.
 This closing is the first closing of the private placement announced on January 21, 2013.
 The closing on the subscription for the non-voting preferred shares will take place once articles of amendment have been filed designating the series of preferred shares.
 This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to a "U.S. Persons" as such term is defined in Regulation S under the U.S. Securities Act unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from registration is available.
 ABOUT MINT TECHNOLOGY CORP
 Established in 2004, Mint is the world's first vertically integrated prepaid card and payroll services provider with its own ATM network, payment processing platform and proprietary branded card product delivered to workers in the United Arab Emirates and expanding to other parts of the Middle East. Mint operates through 4 subsidiaries, Mint Middle East LLC, a payroll card services provider; Mint Capital LLC, a financial products distribution company; Mint Global Processing Inc., a fully integrated third party processing platform; and ePAY, a mobile airtime POS and Merchant network solutions business. Mint has 108 employees in 8 offices in UAE (3), Qatar, Jordan, Egypt, USA and Canada where Mint is listed on the TSX Venture Exchange: MIT.
 NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
 For additional information please visit www.mintinc.com or contact: Mint Technology Corp.
 

 ------------------------------------------------------------
 |Nabil Bader         |Nicole Souadda Head of Compliance and|
 |President & CEO Tel:|Investor Relations Tel: 610-995-2655 |
 |+971 506457719      |nsouadda@mintinc.com                 |
 |nbader@mintinc.com  |                                     |
 |                    |                                     |
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 NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
 Copyright (c) 2013 Thenewswire.ca - All rights reserved.
 
 

 Source: TheNewsWire (Feb 6, 2013 10:37:00 EST)

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