TORONTO, ONTARIO -- (MARKET WIRE) -- 05/09/08 -- 1693062 Ontario Inc. announces that today it purchased 39,500 Non-voting shares at a price of $0.34 per share of Pyxis Capital Inc. ("Pyxis") through The Toronto Stock Exchange bringing its total holdings in Pyxis to 7,500,000 Common shares (36%); 45,883,440 Non-voting shares (65.74%) and 5,900 Dividend shares (0.13%). As disclosed in 1693062 Ontario Inc.'s April 29, 2008 Take-over Bid Circular, in connection with its offer for all the shares of Pyxis Capital Inc., 1693062 Ontario Inc. may make purchases of Pyxis during the currency of the bid.
Contacts:
1693062 ONTARIO INC.
Andrew Kim
President
(416) 867-9390
(416) 946-1473 (FAX)
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