2013-02-14 21:58:10 -
Calgary, Alberta CANADA, February 14, 2013 /FSC/ - Platinum Communications Corporation (PCS - TSX Venture), ("Platinum" or the "Corporation") clarifies at the request of the TSX Venture Exchange Inc. ("TSXV") that the issuance of a total of 373,333 common shares at a deemed price of $0.09 each to a consultant and to certain officers of Platinum are to be issued in consideration of certain past services provided to Platinum and not in accordance with Platinum's Executive Stock Compensation Plan.
Platinum Communications Corporation (TSX-V: PCS) is a leading provider of superior quality fixed wireless Internet and Broadband solutions in Alberta. Based in Calgary, Platinum operates a wireless broadband network that utilizes Next-Generation Wimax technology to bring fast, reliable and affordable Internet
and digital phone service to residents and businesses across the province. Serving approximately 13,000 customers in over 180 communities, Platinum caters primarily to rural and near-urban markets that are often beyond the reach of traditional Internet providers. Platinum's high quality infrastructure, excellent service record and ever-growing network and capabilities, make it the provider of choice for customers within its vast coverage area. For more information please visit our website at www.platinum.ca or call 403-301-4591.
This news release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual outcomes may differ materially due to any number of factors or uncertainties, many of which are beyond Platinum's control. Some of these risks and uncertainties may be described in Platinum's corporate filings (posted at www.sedar.com). Platinum has no intention or obligation to update or revise any forward-looking statements due to new information or events.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this news release.
For further information please contact:
Bernard Parkinson, CEO Katherine Kirkup, CFO
Phone (403) 301-4591 Phone (403) 301-4594
Source: Platinum Communications Corporation (PCS) www.platinum.ca
This press release is available in PDF. Please click on the following link to view the PDF file: