(September 1 – 15:40 ET) – Fifty-Plus.Net International Inc., a company that runs a
website dedicated to retirement issues for the Canadian Association of
Retired Persons, has filed a preliminary prospectus to convert the special
warrants it issued earlier this year into common shares.


Back on July 9 the firm raised $1.4 million through an offering of 700,000
special warrants, after a June 30 reverse takeover that saw the company
listed andtrading on the Vancouver Stock Exchange. It will now convert those
warrants into common shares priced at $2 per share. The conversion will take
place without any additional payment.


Canaccord Capital Corp. is the firm’s underwriter.

-IE Staff

For more please see:

www.sedar.com