NIR Diagnostics Announces Notice from Secured Creditor

Published: Oct 02, 2008

CAMPBELLVILLE, ON, Oct. 2 /CNW/ - NIR Diagnostics Inc. (the "Company") (TSX Venture: NID), today announced that the Company has received notice from Ventabren Holdings Limited of its intention to enforce security under the terms of two convertible debentures in the principal amount of $2,750,000. The Company has consented to the immediate enforcement of the security and the appointment of a Receiver.

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