Eurocontrol Completes Private Placement Financing.TORONTO -- Eurocontrol Technics tech·nic n. 1. technics (used with a sing. or pl. verb) The theory, principles, or study of an art or a process. 2. technics (used with a pl. verb) Technical details, rules, or methods. 3. Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:EUO EUO Examination Under Oath EUO Easyuo (Ultima Online scripting tool) EUO Offices in Europe (International Monetary Fund) EUO Union de l'Europe Occidentale (Western European Union, WEU) ) has closed its previously announced private placement through the issuance of 6,000,000 Units at a price of $0.25 per Unit for gross proceeds of $1,500,000. Each Unit consists of one common share and one common share purchase warrant. Each whole warrant entitles the holder thereof to purchase a common share at $0.26 until October 27, 2007. Each of the common shares and warrants are subject to a hold period that will expire on February 29, 2006. The proceeds of the Offering will be used to develop the Company's assets, for the purchase of an interest in an expansion of the current business and for general corporate purposes. This news release does not constitute an offer to sell or a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to sell any of the securities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the "U.S. Securities Act") or any state securities laws an may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registrations is available. About Eurocontrol Technics Inc. Eurocontrol Technics Inc. is a Canadian based company trading on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. under the symbol EUO. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE AD EQUACY OR ACCURACY OF THIS RELEASE. Eurocontrol Technics Inc. (TSX VENTURE:EUO) |
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