Conversion of debt
Montreal, Paris, October 24 2011, PARTA Dialogue Inc. (TSXV: PAD), expert in Social Media and Social Learning for businesses, announces its intention to issue 424,500 common shares at a deemed price of nine cents per share, in order to convert a debt of $38,205, consisting in a bridge-loan.
The debtor, Adrian Teuscher, is also a director and shareholder of Parta Dialogue Inc., and as such, is also an insider of Parta.
This settlement of debt is subject to regulatory approval including that of the TSX Venture Exchange.
About PARTA
Parta Dialogue offers Social Media and Social Learning solutions to its clients from offices in Montreal, Paris and Mexico. Many visionary businesses already employ PARTA’s solutions for internal and external online engagement. Among these are Renault, Orange, Hydro-Québec, Iusacell (Mexico), the Canadian Association of Petroleum Producers, Nestlé Waters, and Fondaction.
PARTA is listed on the TSX Venture Exchange under the symbol PAD. PARTA has a subsidiary that specializes in Social E-Learning, Edu-Performance Canada Inc (www.eduperformance.com), and also owns and operates the following social networks :
www.alternativechannel.com, www.ecomobility.tv, www.eauzone.tv, www.energy2point0.com and www.greenpod.fr.
For more information, please visit www.partadialogue.com.
“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 further information:
| Paul Allard Chairman, CEO Parta Dialogue +1 (514) 831-4245 paul.allard@partadialogue.com |
| André Goli President Édu-Performance VP Marketing Parta Dialogue +1 (450) 466-7275 ext 23 agoli@eduperformance.com |
