Mobilicity announces exercise of Senior Noteholder Payment Election under the Revised TELUS Acquisition Plan
TORONTO, May 27, 2013 /CNW/ – Data & Audio-Visual Enterprises Holdings
Inc. and its affiliates (collectively, Mobilicity) today announced that it has exercised the “Senior Noteholder Payment
Election” in accordance with the Interim Order of the Ontario Superior
Court of Justice (Commercial List) dated Friday, April 26, 2013 and the
Revised TELUS Acquisition Plan dated May 22, 2013. This press release
constitutes the “Senior Noteholder Payment Election Notice” pursuant to
the Interim Order and the Revised TELUS Acquisition Plan.
Copies of the Interim Order and the Revised TELUS Acquisition Plan are
available on Mobilicity’s website at www.mobilicity.ca/investorrelations.
About Mobilicity (DAVE Wireless):
Formerly known as Data & Audio-Visual Enterprises Wireless Inc. (DAVE
Wireless), the company operated as Mobilicity. Mobilicity is a wireless
carrier that provides wireless telecommunication services to Canadians
in Toronto, Ottawa, Calgary, Edmonton and Vancouver. Further
information about Mobilicity can be found at www.mobilicity.ca.