First Choice Products (FCI) Announces Non-Brokered Private Placement of
$500,000
ABBOTSFORD, BC,
Insiders of the Company may be participating in the Private Placement.
The Company may pay a finder's fee in connection with the Private Placement equal to 7 percent of the amount raised from arm's length investors, in cash or common shares of the Company at the option of the finder.
The net proceeds from the private Placement will be used to market the Company's Extreme Green putting green, to facilitate a graduation to the TSX Venture Exchange in early 2010 and to launch a post-listing Investor Relations program.
All of the securities issued pursuant to the private Placement will be subject to a minimum four month hold period. The Private Placement and payment of any finder's fee are subject to acceptance by the CNSX Exchange.
About First Choice Products
First Choice Products Inc. is a Canadian design and manufacturing company whose mandate is to develop and market high quality, unique and innovative retail consumer products which capture profitable niches in expanding markets. The company is focused on marketing its flagship Extreme Green product line, a patented golf putting green system that is unmatched in performance and pricing. The Company generated revenues of
On Behalf of the Board; Dave Martens President, First Choice Products Inc. No.6 - 2076 Townline Rd. Abbotsford, B.C. V2T 6E5 Toll-Free (866) 719-2988 Office (604) 853-2655 Fax (604) 853-3119
THE CANADIAN NATIONAL STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITYFOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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For further information: Kevin Beaulieu, President, Bellbeau Capital Corp., No. 810 - 475 Howe St., Vancouver, B.C., V6C 2B3, Toll-Free: (866) 944-8674, Office: (604) 634-3665, Fax: (604) 634-3659
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