Target announced bond closing

CALGARY, July 13 /CNW/ - Target Capital Inc. (TSX-V: TCI) announced the closing of a $326,000 private placement of bonds today.

As part of a previously announced effort to raise funds, Target Capital today closed an additional $326,000 of bonds through private placement. With this closing, Target has now raised $2.3M of the $3M maximum under the Offering Memorandum. The proceeds from this offering will be used to replace existing bonds and fund operations of the company.

Information about Target Capital Inc. can be found at www.sedar.com.

SOURCE Target Capital Inc.

For further information: For further information: Craig Skauge, President, at (403) 261-8459, craig@targetcapitalinc.com


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