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Published on 4/8/2008 in the Prospect News Special Situations Daily.

Millennium Partners reports purchase of LML Payment Systems shares

By Lisa Kerner

Charlotte, N.C., April 8 - Millennium Partners, LP bought 4 million shares of LML Payment Systems Inc. on March 26 priced at $1.80 per share for a 15.2% stake in the company.

The transaction was reported in a schedule 13D filing with the Securities and Exchange Commission.

LML Payment Systems is a financial payment processor located in Vancouver, B.C.


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