AIRTEST ANNOUNCES FINANCING
03 Juin 2011 - 8:42PM
PR Newswire (Canada)
VANCOUVER, June 3, 2011 /CNW/ -- VANCOUVER, June 3, 2011 /CNW/ -
AirTest Technologies (TSXV: AAT) is pleased to announce the Company
is offering a non brokered private placement for securities for
gross proceeds of up to $400,000. Pursuant to the terms of
the private placement, the Company intends to issue up to 8,000,000
units at a price of $0.05 per unit. Each unit will consist of
one (1) common share in the capital of the Company and will include
one (1) warrant that can be exchanged for one (1) common share at
an exercise price of $0.10 for a period of 24 months following the
closing of the private placement. Commissions or finder's fees will
be paid pursuant to this Private Placement in accordance with the
policies of the TSX Venture Exchange. The Proceeds of the offering
will be used to support new product development. The Private
Placement is subject to the approval of the TSX Venture Exchange. #
# # Statements about the Company's future expectations and all
other statements in this press release other than historical facts
are "forward looking statements". The Company intends that such
forward-looking statements be subject to the safe harbours created
thereby. Since these statements involve risks and uncertainties and
are subject to change at any time, the Company's actual results may
differ materially from the expected results. The TSX Venture
Exchange does not accept responsibility for the adequacy or
accuracy of this release. To view this news release in HTML
formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/June2011/03/c2633.html p
/p p Mr. George Graham, President /p p Phone: (604) 517
3888br/ Fax : (604) 517 3900br/ Email: a
href="mailto:ggraham@airtesttechnologies.com"ggraham@airtesttechnologies.com/abr/
Website: a
href="http://www.airtesttechnologies.com"www.airtesttechnologies.com/a
/p
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