MARKHAM, ONTARIO--(Marketwire - May 18, 2012) - iFabric Corp. ("iFabric" or the "Corporation") is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (the "Exchange") for its qualifying transaction (the "Qualifying Transaction") with Coconut Grove Textiles Inc. ("Coconut Grove") which was previously announced on January 28, 2011. The Corporation has now filed on SEDAR (www.sedar.com) its Filing Statement, dated April 26, 2012, which sets out the particulars of the Qualifying Transaction.
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