Intema Closes First Tranche of Private Placement for $923,300

MONTREAL, Aug. 13, 2014 /CNW Telbec/ - Intema Solutions Inc. ("Intema" or the "Corporation") (TSXV: ITM). Mr. Roger Plourde, President & CEO, announces that Intema has closed the first tranche of a non-brokered private placement. This first tranche consisted of the issuance of 9,233,000 units at a price of $0.10 per unit for gross proceeds of $923,300 (the "Private Placement"). Each unit consists of one common share and one common share purchase warrant. Each warrant entitles its holder to subscribe for one common share during a period of two years, at a price of $0.20 after the date of closing of the Private Placement. The securities issued under the Private Placement are subject to a four-month hold period.

The Private Placement is subject to final acceptance from the TSX Venture Exchange.

In connection with the Private Placement, Mr. Plourde acquired ownership of and control over 700,000 units. As a result, Mr. Plourde now owns and controls 13,516,834 Shares, representing approximately 25.85% of the currently-outstanding total (or 14,941,834 shares, representing 27.82% of the outstanding total, on a partially-diluted basis taking into account Mr. Plourde's 725,000 stock options and 700,000 warrants).

Mr. Plourde holds his Shares and Warrants for investment purposes only and may, subject to market conditions and in accordance with applicable securities laws, acquire or dispose of additional Shares or Warrants or other securities of the Corporation.

Mr. Plourde's address is 1000 St. Antoine West, Suite 400, Montreal, Quebec H3C 3R7.

A copy of the report under Regulation 62-103 respecting the Early Warning System and Related Take-Over Bid and Insider Reporting Issues filed at www.sedar.com is available by contacting Robert Deslandes.

About Intema Solutions Inc.

Intema Solutions Inc.'s mission is to integrate technologies to marketing. The company develops technologies for marketing and services related thereto. Its services are predictive marketing, relationship marketing and database marketing. Since 1994, INTEMA has dedicated its efforts to deliver key solutions to the marketing industry. Amongst its clients are companies of all sizes in North America. For more information, please visit our website at www.intema.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined on policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

 

SOURCE INTEMA Solutions inc.

For further information: Robert Deslandes +1 514-861-1881, rdeslandes@intema.ca