Serenic announces closing of financing



    EDMONTON, April 30 /CNW/ - Serenic Corporation (the "Company" or
"Serenic") (TSX-V:SER), an international software developer and marketer
specializing in the deployment of Microsoft integrated business solutions,
announced today that the Company has closed the non-brokered private placement
previously announced on April 12, 2007.
    The Company has issued 850,000 units ("Units") at a price of $0.40 per
Unit for total gross proceeds of $340,000. The proceeds from the private
placement will be used for debt reduction, marketing, and general working
capital purposes.
    As previously disclosed, each Unit is comprised of one (1) common share
and one (1) transferable common share purchase warrant exercisable at a price
of $0.75 for a period of one year from closing, provided that if after four
months and one day following the closing date the closing price of the common
shares is equal to or exceeds $0.85 for 20 trading days (which do not need to
be consecutive days), then the warrants shall automatically accelerate to
expire on the date which is 30 days after the 20 trading days.

    About Serenic Corporation

    Serenic Corporation publishes mission-critical software products for
not-for-profits (NFP), educational institutions and governments. The Company's
products are based on leading application and technology platforms from
Microsoft, including Dynamics NAV, SQL Server, .NET, and Access and are
distributed through value-added resellers and direct sales organizations. In
addition, Serenic Corporation is the exclusive developer and distributor of
the human resource management and payroll products for Dynamics NAV users in
North America.

    ON BEHALF OF THE BOARD OF DIRECTORS

    By: "Dwayne Kushniruk"

    Chairman
    SERENIC CORPORATION

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.





For further information:

For further information: Dwayne Kushniruk, dkushniruk@serenic.com,
Phone: 1-877-426-5385 x 509

Organization Profile

SERENIC CORPORATION

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890