TORONTO, ONTARIO--(Marketwire - Sept. 5, 2012) - MM Asset Management Inc. ("MMAM") announced that one fund it manages and advises, MMCAP International Inc. SPC ("MMCAP"), has acquired 636,000 common shares ("Shares") of Lifebank Corp. ("Lifebank") since a take-over bid for all of the outstanding Shares was filed by Insception Biosciences Inc. with the securities regulatory authorities on August 20, 2012. The Shares were acquired through the facilities of the TSX Venture Exchange.