Business
Private Placement of $250,000
(via Thenewswire.ca) A Company Specializing in Environmental Protection and Remediation Tec...
About this update from Current Water Technologies Inc
[{"type":"text","content":"Private Placement of $250,000(via Thenewswire.ca)\n \n \nA Company Specializing in Environmental Protection and Remediation Technologies\n\n\n \nFor Immediate Release\n\n\n \nGuelph, Ontario / TNW-ACCESSWIRE / August 18, 2014 / ENPAR Technologies Inc. (TSX-V: ENP) (\"ENPAR\" or \"the Company\" or \"the Corporation\") announces that, subject to regulatory approval and formal documentation, the Company is offering a non-brokered, private placement.\n\n \n \nThe placement will be for 2,500,000 Units at a price of $0.10 per unit. Each Unit will be comprised of one Common Share in the capital stock of the Corporation and a one-half share Purchase Warrant (\"Warrant\"), which is exercisable for a period of two (2) years from the date of closing. Two Purchase Warrants will entitle the holder to purchase one additional Common Share at an exercise price of $0.15 per share.\n\n \n \nThe proceeds of this offering will be used for marketing and manufacturing initiatives, and for general working capital. The private placement is subject to regulatory approval by the TSX Venture Exchange.\n\n \n \nAbout ENPAR Technologies Inc.\n\n\n \nENPAR is a \"Technology Company\" applying its patented and proprietary \"Electrochemical Technologies\" to the treatment of waste water, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. The common shares trade on Tier ll of the TSX Venture Exchange under the symbol \"ENP\".\n\n \n \nThe TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.\n\n \n \nFOR FURTHER INFORMATION PLEASE CONTACT:\n\n \n \nDr. Gene S. Shelp, Ph.D., P.Geo.\n\n\n \nPresident and CEO\n\n \n \nTel: (519) 836-6155\n\n\n \nFax: (519) 836-5683\n\n\n \nE-mail: [email protected]\n\n\n \nWeb Site: www.enpar-tech.com\n\n \n \nForward Looking Statements\n\n \n \nThis news release contains forward-looking statements within the meaning of the \"safe harbour\" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause ENPAR Technologies Inc. results to differ materially from expectations. These include risks relating ...