DELTA, BC, July 30 /CNW/ - AirTest Technologies (TSXV: AAT) is pleased to
announce the Company is offering a non brokered private placement for
securities for gross proceeds of up to $450,000. Pursuant to the terms of the
private placement, the Company intends to issue up to 9,000,000 units at a
price of $0.05 per unit. Each unit will consist of one common share in the
capital of the Company and one share purchase warrant. Each warrant will
entitle the holder to buy one additional common share of the Company at a
price of $0.10 per share for a period of 12 months from the date of the
closing of the Private Placement.
Commissions or finder's fees will be paid pursuant to this Private
Placement in accordance with the policies of the TSX Venture Exchange.
The Proceeds of the offering will be used for general working capital
purposes. The Private Placement is subject to the approval of the TSX Venture
Statements about the Company's future expectations and all other
statements in this press release other than historical facts are "forward
looking statements". The Company intends that such forward-looking statements
be subject to the safe harbours created thereby. Since these statements
involve risks and uncertainties and are subject to change at any time, the
Company's actual results may differ materially from the expected results.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Mr. George Graham, President, Phone: (604)
517-3888, Fax: (604) 517-3900, Email: email@example.com,