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NTI Newmerical Inc. Announces Share Consolidation is Effective

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  Published in Business and Finance on Wednesday, January 6th 2010 at 6:00 GMT by Market Wire
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MONTREAL, QUEBEC--(Marketwire - Jan. 6, 2010) - NTI Newmerical Inc. ("NTI" or the "Corporation") (TSX VENTURE:CFD) announces today that effective January 5, 2010, it has consolidated its common shares (the "Common Shares") at a ratio of one new common share (a "New Common Share") for every 100,000 Common Shares (the "Consolidation"). Under the Consolidation, fractions of New Common Shares have been cancelled and NTI will pay a consideration of $0.04 for each Common Share that forms part of such a fraction. Any Shareholder who will receive less than one New Common Share has therefore ceased to be a shareholder of the Corporation.

The Corporation has applied to the regulatory authorities in British Columbia and intends to subsequently apply to those in Alberta and Quebec to cease to be a reporting issuer in each of those jurisdictions.

For more information on the Consolidation, please see NTI's press releases dated November 9, 2009 and December 2, 2009, as well as the Corporation's circular dated November 10, 2009 available at [ www.sedar.com ].