MIT The Mint Corporation

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

The Mint Corporation (TSX VENTURE:MIT) ("Mint" or the "Company") announced today
that it has closed the second and final tranche of funding from the loan
facility announced on November 25, 2013. The second tranche was in the amount of
$550,000, to be evidenced by debentures in that principal amount, and occurred
on December 20, 2013. The debentures are subject to a hold period which expires
on April 21, 2014.


The proceeds from the loan were used for working capital.

As previously announced, the loan is for a 12 month period and may be extended
by the parties on mutual agreement for a further 12 month period. All amounts
advanced by the Lender bear interest at 12% per annum, payable monthly. The loan
may be prepaid at any time on 30 days notice but the Lender may exercise its
conversion right described below during that notice period. The loan will be
secured against the assets of Mint and its subsidiary, Mint Middle East LLC.
That security will be subordinate to the security to be provided to the holders
of the proposed Series A Debentures and Series B Debentures, described in the
Company's press release of November 11, 2013.


The principal amount of the loan and any accrued interest thereon is convertible
into common shares of Mint at $0.05 per common share until November 25, 2014 and
thereafter at $0.10 per common share until November 25, 2015. The press release
of November 25, 2013 indicated that the hold period would expire 4 months after
the common shares were issued. This was incorrect. The hold period for the
debentures which evidenced the November 22, 2013 loan began from the advance on
November 25, 2013 and expires on March 26, 2014.


GENERAL DISCLOSURE STATEMENT

Investors are encouraged to read the most recent Management Discussion and
Analysis Documents filed on SEDAR for a description of additional risks
associated with investing in the Company. The following statement is only
intended to inform investors on certain of the many risks associated with
investing in the Company. The Company operates predominantly in the Middle East
and North Africa ("MENA"). It is accordingly exposed to significant political,
legal and regulatory risks associated with operating in these emerging and
volatile markets. The key management personnel and operations of the Company are
based in countries which do not have strong and reliable judicial enforcement.
This results directly in additional risk with respect to the enforcement of
legal and contractual rights, including, for example but without limitation, the
enforcement of the rights of creditors, the protection of intellectual property
rights, the enforcement of joint venture arrangements, and binding key employees
with non-compete agreements. Since inception, the Company has not reached
profitability. The Company relies heavily on high-cost, debt financing to fund
its business plan. This has exposed the Company to unique financial risks
associated with significantly higher than normal debt levels. Investors in the
company are strongly encouraged to be aware of the significant risks of the
company, to conduct additional due diligence and to seek the help of a licensed
investment advisor before considering to invest in securities of the Company.
Moreover, investors must be aware that the purchase of the Company's securities
involves a number of additional significant risks and uncertainties, as
disclosed in the Management Discussion and Analysis reports filed on SEDAR by
the Company. Investors considering purchasing securities of the Company should
be able to bear the economic risk of total loss of such investment.


FORWARD-LOOKING STATEMENTS

Certain statements in this news release constitute "forward-looking" statements.
These statements relate to future events or Mint's future performance. All such
statements involve substantial known and unknown risks, uncertainties and other
factors which may cause the actual results to vary from those expressed or
implied by such forward-looking statements. Forward-looking statements involve
significant risks and uncertainties, they should not be read as guarantees of
future performance or results, and they will not necessarily be accurate
indications of whether or not such results will be achieved. Actual results
could differ materially from those anticipated due to a number of factors and
risks. Although the forward-looking statements contained in this news release
are based upon what management of Mint believes are reasonable assumptions on
the date of this news release, Mint cannot assure investors that actual results
will be consistent with these forward-looking statements. The forward-looking
statements contained in this press release are made as of the date hereof and
Mint disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information, future events
or otherwise, except as required under applicable securities regulations.


ABOUT MINT TECHNOLOGY CORP

Established in 2004, Mint is the world's first vertically integrated prepaid
card and payroll services provider with its own ATM network, payment processing
platform and proprietary branded card product delivered to workers in the United
Arab Emirates and expanding to other parts of the Middle East. Mint operates
through 4 subsidiaries, Mint Middle East LLC, a payroll card services provider;
Mint Capital LLC, a financial products distribution company; Mint Global
Processing Inc., a fully integrated third party processing platform; and MEPS, a
mobile airtime POS and Merchant network solutions business.


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.


For additional information please visit www.mintinc.com. 

FOR FURTHER INFORMATION PLEASE CONTACT: 
The Mint Corporation
Nabil Bader
President & CEO
+971 506457719
nbader@mintinc.com


The Mint Corporation
Nicole Souadda
Head of Compliance and Investor Relations
610-647-7882
nsouadda@mintinc.com
www.mintinc.com

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