ZEOX Closes CDN$348,450 Private Placement
03 Mars 2009 - 5:22PM
Marketwired Canada
Mr. LuVerne Hogg, President and CEO of ZEOX Corporation (TSX VENTURE:ZOX)
announces the Company has completed the non-brokered private placement of
1,393,800 Units at a price of $0.25 per Unit for gross proceeds of $348,450 as
previously announced on January 8, 2009. Each Unit consists of one common share
of the Company and one common share purchase warrant. Each warrant is
exercisable into one common share of the Company at a price of $0.35 per common
share for a period of one year ending February 23, 2010.
All the securities issued in connection with this private placement are subject
to a four-month hold period expiring June 24, 2009. The proceeds of this private
placement are intended to be used for general working capital.
For a more complete business and financial profile of the Company, management
encourages interested parties to view the Company's documents posted on
www.sedar.com.
On behalf of the Board of Directors
LuVerne Hogg, President & Chief Executive Officer
Zeox Corporation (TSXV:ZOX)
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