AtmanCo Inc.

AtmanCo Inc.

June 30, 2014 07:30 ET

AtmanCo Completes a $681,800 Private Placement

MONTREAL, QUÉBEC--(Marketwired - June 30, 2014) -

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AtmanCo Inc. ("AtmanCo" or the "Company") (TSX VENTURE:ATW), a leading innovator in HR web solutions based on a psychometric test aimed at recruitment and organizational development, is pleased to announce the conclusion of a private placement of 3,409,000 units of the Company (the "Units") at a price of $0.20 per Unit for total gross proceeds of $681,800. Each Unit is comprised of one common share (a "Share") and one-half of one Share purchase warrant, each whole warrant entitling the holder to purchase one Share at an exercise price of $0.30 for a period of 24 months following the closing of the private placement. In connection with the private placement, the Company paid a broker's fee of $4,550.

About AtmanCo

AtmanCo enables companies to optimize the talents of their human capital by improving their success rate in recruitment and organizational development. Its user-friendly and innovative cloud HR platform is based on the results of a scientifically validated psychometric test. AtmanCo's proven human potential development tools and scalable technology are easily integrated within existing process for selection and human capital management, as well as existing Talent Management Systems (TMS) or Applicant Tracking System (ATS) in businesses.
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Forward looking statements

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. There is a risk that expectations and forward looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on these forward looking statements as they involve risks and uncertainties, which could make actual results differ materially from those projected herein and depend on a number of factors including, but not limited to, no history of profitability, future financing, intellectual property and patents, key personnel, competitive marketplace, technology obsolescence, share price volatility and other risks detailed from time to time in the Company's filings. While AtmanCo anticipates that subsequent events and developments may cause its views to change, AtmanCo specifically disclaims any obligation to update these forward looking statements, unless obligated to do so by applicable securities laws.

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

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