TSX Venture Exchange Symbol: SNV
VANCOUVER, July 21 /CNW/ - Sonic Technology Solutions Inc. ("Sonic" or "the Company") wishes to report that a total of 10,800,000 common share warrants priced at 0.10 cents per warrant have been exercised for proceeds to the Company of $1,080,000. The Company now has no outstanding warrants. Proceeds from the exercise of the warrants will be used for general working capital purposes.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.