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 $450,000. Pursuant to the terms of the private placement, the Company intends to issue up to 9,000,000 units at a price of $0.05 per unit.
Each unit will consist of one common share in the capital of the Company and one share purchase warrant. Each warrant will entitle the holder to buy one additional common share of the Company at a price of $0.10 per share for a period of 12 months from the date of 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 for general working capital purposes. The Private Placement is subject to the approval of the TSX Venture Exchange. -- www.cnxmarketlink.com
Comment and add to the story without registration, but keep the comments meaningful please. Links are not accepted.
