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AAT ATI Airtest Technologies Inc

0.02
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ATI Airtest Technologies Inc TSXV:AAT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.02 0.015 0.02 0 01:00:00

AirTest Announces Financing

16/05/2014 2:30pm

Marketwired


ATI Airtest Technologies (TSXV:AAT)
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AirTest Announces Financing

DELTA, BRITISH COLUMBIA--(Marketwired - May 16, 2014) - ATI AirTest Technologies (TSX-VENTURE:AAT) is pleased to announce the Company is offering a non brokered private placement for securities for gross proceeds of up to $600,000. Pursuant to the terms of the private placement, the Company intends to issue up to 12,000,000 units at a price of $0.05 per unit. Each unit will consist of one common share in the capital of the Company plus one warrant. The warrant will have a two year expiry from date of share issuance. For the first year following issuance, two warrants plus $0.10 will purchase one common share, and for the second year following issuance, two warrants plus $0.12 will purchase one common share.

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 furthering the Company's product development program and for general working capital purposes. The Private Placement is subject to the approval of the TSX Venture Exchange.

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.

ATI AirTest Technologies Inc.Mr. George GrahamPresident(604) 517 3888(604) 517 3900ggraham@airtesttechnologies.comwww.airtesttechnologies.com

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