Intertainment Media Inc. and Avenza Holdings, Inc. acquired substantially all assets of Poynt Corporation.

Intertainment Media Inc. (TSXV:INT) and Avenza Holdings, Inc. acquired substantially all assets of Poynt Corporation (TSXV:PYN) on January 14, 2013. A new private company has been formed by Intertainment Media Inc. and Avenza Holding Inc. to operate the assets. Anthony R. Pearlman, President and Chief Operating Officer of Intertainment Media Inc., has been appointed as Chief Executive Officer of the new enterprise. The deal got approval of the Court of Queen's Bench of Alberta. Hardie and Kelly Inc. acted as the receiver in the transaction. Burnet, Duckworth & Palmer LLP acted as legal advisor to Poynt Corporation.

Intertainment Media Inc. (TSXV:INT) and Avenza Holdings, Inc. completed the acquisition of substantially all assets of Poynt Corporation (TSXV:PYN) on January 14, 2013.