Eurocontrol Technics Inc.
TSX VENTURE : EUO

Eurocontrol Technics Inc.

September 28, 2005 08:00 ET

Eurocontrol Announces Private Placement Financing

TORONTO, ONTARIO--(CCNMatthews - Sept. 28, 2005) - Eurocontrol Technics Inc. (TSX VENTURE:EUO) announces that it plans to raise up to $1,500,000 by way of a non brokered private placement through the issuance of Units priced at $0.25 per Unit. Each Unit will consist of one common share and one common share purchase warrant. Each whole warrant will entitle the holder to purchase a common share for $0.26 for a period of 24 months following closing. The private placement remains subject to regulatory approval.

About Eurocontrol Technics Inc.

Eurocontrol Technics Inc. is a Canadian based company trading on the TSX Venture Exchange under the symbol EUO.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Eurocontrol Technics Inc.
    Tony Wonnacott
    Director
    (416) 861-5879