- Zaio Corporation (TSXV: ZAO) (the "Company" or “Zaio”)
announces that it has issued 1,212,442 common shares to debenture holders in consideration of December
31, 2014 interest payments in the amount $253,400 pursuant to the terms of the debentures issued under the
trust indenture dated May 9, 2013. The conversion price per share for the December 31, 2014 interest
payment was $0.209, determined based on the greater of the 20 day weighted average trading price of
Zaio's shares prior to December 31, 2014 and closing market price of Zaio's shares on the last trading day
prior to the interest payment date. www.zaio.com/downloads/zaio/...s_to_Debenture_Holders_1-16.pdf