BFS Entertainment & Multimedia Limited Files for Bankruptcy

RICHMOND HILL, ONTARIO -- (Marketwired) -- 03/10/16 -- BFS Entertainment & Multimedia Limited (TSX VENTURE: BFS) of Richmond Hill, Ontario regretfully announced that due to ongoing losses and its inability to support its bank covenants that it has filed for Bankruptcy for both BFS Entertainment & Multimedia Limited and Collectables Direct Inc its wholly owned consumer Catalogue division.

The Trustee in Bankruptcy is The Fuller Landau Group Inc. Toronto, Ontario.

Neither TSX Venture Exchange nor its Regulation Services Providers (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

(SEC Rule 12g exemption #82-4245)

Contacts:
The Fuller Landau Group Inc.
151 Bloor Street West - 12th Floor
Toronto, Ontario - Canada M5S 1S4
(416) 645-6500
(416) 645-6501 (FAX)

Source: BFS Entertainment & Multimedia Limited

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