CALGARY, ALBERTA, July 14, 2015 – Cortex Business Solutions Inc. (“Cortex” or the “Company”) (TSXV: CBX), the online network that helps companies connect and interact with each other to transmit documents and grow their businesses, announces the approval by the TSX Venture Exchange to begin trading common shares on a consolidated basis on July 15, 2015 pursuant to the resolution passed by shareholders on June 24, 2015.
Under the approved resolution, the Company consolidated its capital on a (50) fifty old for (1) one new basis; post-consolidation, there are 7,426,348 shares issued and outstanding. The Company will continue to trade under the symbol CBX. The ISIN/CUSIP number for the post-consolidation shares is 220518609
About Cortex Business Solutions
Cortex Business Solutions Inc. is an Enterprise eProcurement solutions company that improves efficiencies, reduces costs and streamlines procurement and supply chain processes for its customers. Accessing the Cortex Network enhances the exchange of business critical documents, such as purchase orders, receipts and invoices resulting in improved cash flow management and business controls, while reducing each day's outstanding and administrative costs. Cortex is a low cost, low risk solution that can be implemented quickly by leveraging clients’ existing business environment.
Investor Relations Contacts:
|Joel Leetzow||Sandra Fawcett (formerly Weiler)||Andrew Stewart|
|President and CEO||CFO||Director, Marketing & Investor Relations|