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Stingray Group Inc.

10:30 AM EST - Stingray Group Inc. : Has been informed that the 5,000,000 multiple voting shares of the Corporation held by Télésystème Média Can Inc. have been voluntarily converted into 5,000,000 subordinate voting shares of the Corporation. Stingray Group Inc. shares T.RAY.A are trading down $0.09 at $7.49.