IOU Financial announces that it has entered into an agreement to sell loans to the Palos/IOU High Yield Fund, a fund managed by

IOU Financial announces that it has entered into an agreement to sell loans to 
the Palos/IOU High Yield Fund, a fund managed by Palos Management Inc. 
MONTREAL, Jan. 8, 2014 /CNW Telbec/ - IOU Financial Inc. ("IOU Financial") 
(CNSX: IOU) is pleased to announce that it has entered into an agreement with 
Palos Management Inc. and the Palos/IOU High Yield Fund (the "Fund"), a fund 
managed by Palos Management Inc., whereby its wholly-owned US subsidiary, IOU 
Central Inc., will have the opportunity, but not the obligation, to sell to 
the Fund, and the Fund will have the opportunity, but not the obligation, to 
purchase, up to US$7.5 million aggregate principal amount of loans originated, 
over the course of the next twelve months. 
This transaction may be considered a related party transaction within the 
meaning of Regulation 61-101 respecting Protection of Minority Security 
Holders in Special Transactions ("61-101") since Philippe Marleau, Chief 
Executive Officer and a director of IOU Financial, is a shareholder in a 
company that has control over more than 10% of IOU Financial's common shares 
and which controls, indirectly, Palos Management Inc. However, this 
transaction is exempt from the valuation and minority approval requirements 
provided under such regulation since IOU Financial, as a CNSX-listed issuer, 
is not listed on "specified markets", as defined under 61-101, and the fair 
market value of the transaction represents not more than 25% of IOU 
Financial's market capitalization. 
The Board of Directors of IOU Financial has unanimously approved the 
transaction. Philippe Marleau declared his interest prior to the approval by 
the Board of Directors of IOU Financial and abstained from voting thereon. 
Forward Looking Statements 
Certain information set forth in this news release may contain forward-looking 
statements that involve substantial known and unknown risks and uncertainties. 
These forward-looking statements are subject to numerous risks and 
uncertainties, certain of which are beyond the control of IOU Financial 
including, but not limited to, the impact of general economic conditions, 
industry conditions, dependence upon regulatory and shareholder approvals, the 
execution of definitive documentation and the uncertainty of obtaining 
additional financing. The transaction is still subject to due diligence by 
Palos Management and there can be no assurances that it will be completed. 
Readers are cautioned that the assumptions used in the preparation of such 
information, although considered reasonable at the time of preparation, may 
prove to be imprecise and, as such, undue reliance should not be placed on 
forward-looking statements. IOU Financial does not assume any obligation to 
update or revise its forward-looking statements, whether as a result of new 
information, future events, or otherwise. 
The CNSX has not reviewed and does not accept responsibility for the adequacy 
or accuracy of this release.
 

SOURCE  IOU FINANCIAL INC. 
Philippe Marleau Chief Executive Officer (514) 789-0694 ext. 225 
Mayco Quiroz Chief Financial Officer (514) 789-0694 ext. 298 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/January2014/08/c7709.html 
CO: IOU FINANCIAL INC.
ST: Quebec
NI: FIN FND FLOWS ORDER  
-0- Jan/08/2014 23:30 GMT