Mediagrif changes the record dates for its semi-annual dividends
LONGUEUIL, QC, June 1 /CNW Telbec/ - Mediagrif Interactive Technologies Inc. ("Mediagrif" or the "Corporation") (TSX:MDF) announced on November 10, 2009 the adoption of a cash dividend policy. In accordance with this policy, the record dates for the dividends which may be declared by the board of directors were fixed to December 1st and June 1st. To better coordinate the declaration of dividends with the release of financial results of the Corporation, a change in the record dates under the dividend policy was made, fixing them hereafter to January 1st and July 1st.
Any declaration of future dividends is at the discretion of the board of directors of the Corporation and is subject to compliance with solvency tests established by the constituting Act of the Corporation.
About Mediagrif Interactive Technologies Inc.
Mediagrif Interactive Technologies Inc. (TSX: MDF) is a world-leading operator of e-commerce solutions. Mediagrif's e-business networks allow buyers and sellers within specific industries to source, purchase or sell products and to exchange documents more efficiently using the Internet. Mediagrif operates 14 networks, including industry leaders The Broker Forum, Power Source On-Line, Global Wine & Spirits and Polygon. Mediagrif also owns MERX, the exclusive provider of e-publishing services to the Government of Canada, and is a leading provider of government bid aggregation services and e-procurement services in the U.S. Headquartered in Longueuil, Mediagrif has several offices in North America and Asia. For more information, please visit us at www.mediagrif.com or call 1 877 677-9088.
For further information: Claude Roy, Chief Executive Officer, (450) 677-8797 ext. 2004, Toll Free: 1-877-677-9088 ext. 2004, [email protected]; Suzanne Mercier, Chief Financial Officer, (450) 677-8797 ext. 2135, Toll Free: 1-877-677-9088 ext. 2135, [email protected]
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