INTEMA SOLUTIONS closes a conversion of Shares for Debt in the Amount of $365,249
MONTREAL, March 4, 2014 /CNW Telbec/ - INTEMA SOLUTIONS Inc. ("INTEMA" the "Corporation") (TSXV : ITM). Mr. Roger Plourde, President & CEO, announces that INTEMA has closed the conversion of debts to common shares as previously announced. This conversion consisted of the issuance of 7,304,980 units at a price of $0.05 per unit for gross proceeds of $365,249 (the "Conversion of debts to common shares") and 65,960 warrants. Each whole warrant entitles its holder to subscribe for one common share during a period of two years, at a price of $0.10 the first year after the date of closing of the Private Placement and at a price of $0.15 for the second year. The securities issued under the Private Placement are subject to a four-month hold period.
The conversion of Shares for Debt is subject to final acceptance from the TSX Venture Exchange.
For more information, see INTEMA's press releases dated December 13, 2013.
About INTEMA Solutions Inc.
Intema Solutions Inc. mission is to integrate technologies to marketing. The scope of its activities entails Predictive Marketing, Relational Marketing as well as Database Marketing. Intema's clientele corresponds to a variety of enterprise sizes across North America. For more information, please visit www.intema.ca
Neither TSX Venture nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
SOURCE INTEMA Solutions inc.For further information:
Robert Deslandes, CFO
Intema Solutions, Inc.
Tel: (514) 861-1881
Cathy Hume, CEO
CHF Investor Relations
Tel: (416) 868 1079 ext. 231