MONTREAL, QUEBEC--(Marketwired - Aug. 31, 2016) - Intema Solutions Inc. ("Intema" or the "Corporation") (TSX VENTURE:ITM) wishes to amend its news release dated August 26, 2016 (the "Closing Date") announcing the closing of its private placement of 10,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $500,000 (the "Private Placement") to disclose a finder's fee paid in connection with the Private Placement.
Intema paid a finder's fee to an investment dealer that acted as a finder for a portion of the Private Placement, which consisted of: (i) a cash payment in the amount of $35,000; and (ii) 700,000 common share purchase warrants (the "Finder's Warrants"), each entitling the finder to acquire one common share of Intema at an exercise price of $0.06 for a period of 24 months from the Closing Date.
The Finder's Warrants and the securities comprising the Units (collectively, the "Securities") are subject to a four-month plus one-day hold period from the Closing Date, expiring on December 27, 2016, pursuant to securities legislation and the policies of the TSX Venture Exchange (the "Exchange"). The Securities have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or state securities laws, and may not be offered or sold in the United States or to an account for the benefit of U.S. persons, absent such registration or an exemption from registration.
The Private Placement was closed in escrow and remains subject to the final approval of the Exchange.
About INTEMA SOLUTIONS Inc.
Intema's mission is to integrate technologies to marketing. The company develops technologies for marketing and services related to predictive marketing, relationship marketing and database marketing. Since its inception, INTEMA has dedicated its efforts to deliver key solutions to the marketing industry. For more information, please visit our website at intema.com and our product websites www.eflyermaker.com and www.matcheranalytics.com.
Neither TSXV nor its Regulation Service Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release