11:50 AM EST - Covalon Technologies Ltd. : Announced, pursuant to National Instrument 62-103, that as a result of a settlement arrangement between Mitec Technologies Inc. and Abe Schwartz, who is Covalon's Chairman and a Control Person under TSX Venture Exchange rules, Schwartz has acquired from Mitec 1,547,191 shares in the capital of Covalon and 967,650 common share purchase warrants of Covalon expiring August 30, 2016. Covalon Technologies Ltd.
shares V.COV are trading up $0.05 at $1.00.
