AIRTEST ANNOUNCES AMENDMENT TO FINANCING ANNOUNCED AUGUST 25, 2010
03 September 2010 - 11:30PM
PR Newswire (Canada)
DELTA, BC, Sept. 3 /CNW/ -- DELTA, BC, Sept. 3 /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 $250,000. Pursuant to the terms of the private
placement, the Company intends to issue up to 5,000,000 units at a
price of $0.05 per unit. Each unit will consist of one common share
in the capital of the Company and will include a warrant that can
be exchanged for 1 common share at an exercise price of $0.10 for a
period of 24 months following 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 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. %SEDAR: 00012286E Mr. George Graham, President, Phone:
(604) 517 3888, Fax: (604) 517 3900, Email:
ggraham@airtesttechnologies.com; Website:
www.airtesttechnologies.com
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