Tempus Capital Inc.

February 11, 2013 09:33 ET

Tempus Capital Announces Financings

BURLINGTON, ONTARIO--(Marketwire - Feb. 11, 2013) - Tempus Capital Inc. ("Tempus") announces it has closed on private placement financings.

The financings resulted in the issuance of 3,982,998 common shares for gross proceeds of $298,725 at a price of $0.075 per common share.

Included in the gross proceeds is an amount of $108,225 on which Tempus paid to M Partners Inc. a cash fee of 4% of the gross amount so raised.

The gross proceeds from the private placements will be used for working capital purposes.

Following these transactions there are 5,882,998 Tempus common shares issued and outstanding.

About Tempus

Tempus is a reporting issuer in British Columbia, Ontario and Alberta. None of Tempus' securities trade through any stock exchange or quotation facility.

On behalf of the board of directors

Tempus Capital Inc.

Russell Tanz, President and CEO

No regulator nor any Regulation Services accepts responsibility for the adequacy or accuracy of this press release. This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

Contact Information

  • Tempus Capital Inc.
    Russell Tanz
    President and C.E.O.
    1-416-446-7898