York Ridge Lifetech Inc. announces extension of time period for completion of qualifying transaction

YORK RIDGE LIFETECH INC. (TSXV: YRL.P) (the "Corporation"), a capital pool company, announced today that it has been granted an extension of the Corporation's deadline to complete a qualifying transaction from February 4, 2010 to March 31, 2010.

The Corporation was unable to complete a qualifying transaction within the prescribed time period pursuant to Policy 2.4 (the "Exchange Policy") of the TSX Venture Exchange Inc. (the "Exchange") and applied to the Exchange for an extension. The Exchange granted an extension to March 31, 2010 in accordance with the Exchange bulletin dated September 11, 2009 describing temporary relief measures for current market conditions.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this release.

SOURCE: York Ridge Lifetech

Mark Lawrence, President, Chief Executive Officer and Secretary, York Ridge Lifetech
Inc., E-mail: mark@northcrestpartners.com, Tel: (416) 707-6630

Related terms: market, policy