CNSX: RTN; OTCBB: RTNSF; FRANKFURT: 8RT
MISSISSAUGA, ON, Jan. 19 /CNW/ - Michael Boulter, President, COO and
interim CEO of RTN Stealth Software Inc. (the "Company" or "RTN Stealth") advised today that the Company has completed the previously announced
non-brokered private placement for gross proceeds to the Company of
approximately $500,000. Pursuant to the placement the Company issued
9,523,809 units at a purchase price of $0.0525 per unit. Each unit
consists of one (1) common share of the Company (a "Common Share") and four (4) common share purchase warrants (each, a "Warrant"). Each whole Warrant entitles its holder to purchase one (1)
additional Common Share at an exercise price of $0.0525 per share at
any time prior to 5:00 p.m. (Toronto time) on March 31, 2011.
Except for historic information, the matters discussed in this document
contain certain forward-looking statements. These statements involve
known and unknown risks, delays, uncertainties and other factors not
under the Corporation's control that may cause actual results, levels
of activity, performance or achievements to be materially different
from the results, levels of activity, performance, achievements or
expectations expressed or implied by these forward-looking statements.
CNSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of the content of this news release.
SOURCE RTN STEALTH SOFTWARE INC.
For further information:
For additional information about RTN Stealth Software Inc., please contact us at (905) 629-1333 or visit us at www.rtnstealth.com.