Shares Outstanding: 20,843,810
LONGUEUIL, QC, Aug. 1 /CNW Telbec/ - Clemex Technologies inc.
(TSX Venture: CXG.A) announces today that it has completed a $420,000 Private
Placement with individual investors and a French Business Partner. In
connection with the Private Placement, the Company issued 2,100,000 common
shares at $0.20 per share. Of this number, 475,000 were issued to the
President and CEO, Clément Forget who thus maintains his position of 21.8% of
the total outstanding shares of the Company.
In connection with the Private Placement, the Company paid finder's fees
to Fortin Capital Inc., consisting of $28,550 in cash and the grant of
39,500 options to purchase 39,500 common shares at $0.20 per share for the
next two years.
All securities issued pursuant to this Private Placement are subject to a
four month and one day hold period.
The Company intends to use the proceeds of the Private Placement to
pursue its current Business Plan and to initiate the development of new image
analysis systems for applications in Hematology and Virtual Pathology.
About Clemex Technologies, Inc.
Clemex Technologies Inc. develops, manufactures and markets image
analysis systems and software used by quality control and research microscopy
laboratories. Clemex's customer base spans over many countries in America,
Europe, Asia and encompasses major Research and Development Centers,
prestigious Universities and large manufacturing industries in various fields
including automotive, aerospace, raw materials manufacturing, pharmaceuticals,
mining and other sectors.
The CDNX has not reviewed and does not accept responsibility for the
adequacy and accuracy of this news release.
For further information:
For further information: Clément Forget, (450) 651-6573, firstname.lastname@example.org