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TXS Texada Software Inc.

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Share Name Share Symbol Market Type
Texada Software Inc. TSXV:TXS TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Texada Software Inc. Announces Completion of Shares for Debt Transaction

18/05/2012 6:07pm

Marketwired Canada


Texada Software Inc. (TSX VENTURE:TXS) (the "Company"), further to its press
release of April 24, 2012, announced today that it issued 535,237 common shares
of the Company to three members of senior management, who are also directors, to
settle certain debt owed to these individuals of a total of $112,400. In
addition, debt in the amount of $10,000 owed to another employee of the Company
was also settled through the issuance of 47,619 shares. All common shares were
issued at a deemed price of $0.21 per share. The Common Shares will be subject
to a four-month hold period. More information may be found at www.sedar.com.


About Texada Software (TSX VENTURE:TXS)

Texada Software Inc. operates in two complementary businesses;
construction/industrial equipment rental and enterprise asset management
software.


The Company, through its wholly owned U.S. equipment rental subsidiary, Noble
Rents, Inc. conducts business at four locations in Southern California with over
7,000 customers and a wide range of over 1,100 aerial, forklift and light
compact equipment rental units.


Texada's enterprise software business continues as the premier provider of
software solutions for equipment rental and mobile equipment. Texada's solutions
are fully flexible and scalable to meet the unique needs of any sized operation
and are backed by proven implementation, services and support. Texada's
market-driven software products combine knowledge and best practices from over
5,000 users worldwide, resulting in solutions that manage the complete asset
life-cycle from acquisition through to disposal. 


Texada can be reached at 1-800-361-1233 or 1-519-836-7073, or at
www.texadasoftware.com.


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1 Year Texada Software Inc. Chart

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