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AWA Arrowhead Water Products Ltd

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Share Name Share Symbol Market Type
Arrowhead Water Products Ltd TSXV:AWA 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 -

Arrowhead Announces Private Placement

12/09/2013 6:13pm

Marketwired Canada


Arrowhead Water Products Ltd. ("Arrowhead" or the "Company") (TSX VENTURE:AWA)
announces that it has arranged a non-brokered private placement of 5 million
common shares at a price of $0.27 per share for gross proceeds of $1,350,000.
There will be no warrants attached to the private placement. Arrowhead will pay
a finder's fee to PI Financial Corp. in the amount of 6% cash of the total
proceeds together with 6% finder's fee warrants exercisable at a price of $0.27
per share for a period of two (2) years. The above private placement is subject
to TSX Venture Exchange approval. Closing of the Private Placement is
anticipated to be on or before September 30, 2013. The proceeds of the Private
Placement will be used for general corporate purposes, working capital and
transacting new business acquisitions in the energy efficiency field. 


READER ADVISORY

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


This news release contains forward-looking statements. The Company has provided
the forward-looking statements in reliance on assumptions that it believes are
reasonable at this time. The reader is cautioned that the assumptions used in
the preparation of the forward-looking statements may prove to be incorrect. All
such forward-looking statements involve substantial known and unknown risks and
uncertainties, certain of which are beyond the Company's control. Such risks and
uncertainties include, without limitation, delays resulting from or inability to
obtain required regulatory approval. The actual results, performance or
achievements could differ materially from those expressed in, or implied by,
these forward-looking statements and, accordingly, no assurances can be given
that any of the events anticipated by the forward-looking statements will
transpire or occur, or if any of them do, what benefits, including the amount of
proceeds, the Company will derive therefrom. Readers are cautioned that the
foregoing list of factors is not exhaustive.


14,492,229 Common Shares Issued

FOR FURTHER INFORMATION PLEASE CONTACT: 
Arrowhead Water Products Ltd.
Jeff Ciachurski
Chairman and Chief Executive Officer
Cell: (949) 903-5906
westernwind@shaw.ca
Newport Beach, California


Arrowhead Water Products Ltd.
Ross O. Drysdale
Director
Office: (403) 508-6256 or Cell: (403) 585-3737
ross@drysdalelaw.com
Calgary, Alberta

1 Year Arrowhead Water Products Ltd Chart

1 Year Arrowhead Water Products Ltd Chart

1 Month Arrowhead Water Products Ltd Chart

1 Month Arrowhead Water Products Ltd Chart