RIFCO Stock Halted
Red Deer, Alberta, February 7th, 2013: RIFCO Inc. (TSX.V-RFC) was advised by IIROC this morning that IIROC halted the stock prior to the open of the market pending contact with the Company. The Company is not aware of any material change that would impact the Company.
About RIFCO
RIFCO Inc. operates through its wholly owned subsidiary Rifco National Auto Finance Corporation to provide automobile loans through its dealership network across Canada.
RIFCO National Auto Finance provides consumers with financing options on new and used vehicles. RIFCO specializes in building long-term partnerships with dealers by investing time in personalized services through dedicated account representatives. RIFCO's quick credit decisions, common sense lending, and expedited funding processes give its dealers better financing options and more closed deals. RIFCO's most successful partnerships result in graduated recognition programs for its loyal dealerships.
RIFCO is committed to continuing growth. Key strategies for achieving this growth include the expansion of its automobile dealer base, excellence in credit and collections processes.
The common shares of RIFCO INC. are traded on the TSX Venture Exchange under the symbol "RFC". There are 20.80 million shares (basic) outstanding and 21.80 million (fully diluted) shares.
---------------------------------------------- |CONTACT: RIFCO INC. Lance A. Kadatz Vice| | |President and Chief Financial Officer | | |Telephone: 1-403-314-1288 EXT 7007 Fax: | | |1-403-314-1132 Email: [email protected] | | |Website: www.rifco.net | | ----------------------------------------------
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.