Toxin Alert Inc.

Toxin Alert Inc.

May 15, 2009 15:07 ET

Toxin Alert Inc. Closes First Tranche of Private Placement

TORONTO, ONTARIO--(Marketwire - May 15, 2009) - Toxin Alert Inc. (TSX VENTURE:TOX) announced that it closed the first tranche of its current private placement offering on May 13, 2009. The offering will remain open until a final closing on or before June 15, 2009.

The first tranche closing consisted of 334,000 common shares priced at $0.05 a share. In addition, a total of 8,000 shares were issued to a Canadian investment dealer in payment of its fees. The shares are subject to a four month hold period from the date they are issued. The entire offering consists of 600,000 common shares.

The TSX Venture Exchange is not responsible for the accuracy or the adequacy of this news release.

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