Virtutone Networks Inc.

September 04, 2009 17:08 ET

Virtutone Networks Inc. Announces the Closing of Its Previously Announced Non-Brokered Private Placement of Common Shares

EDMONTON, ALBERTA--(Marketwire - Sept. 4, 2009) - Virtutone Networks Inc.. (TSX VENTURE:VFX) ("Virtutone" or the "Company") announced today that it has closed its previously announced non-brokered private placement of common shares of Virtutone ("Common Shares"). Virtutone issued 49,234 common shares ("Common Shares") at an issue price of $0.34 per share for aggregate proceeds of $16,739.56.

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

Contact Information

  • Virtutone Networks Inc.
    Jason Allen
    President and Chief Executive Officer
    (780) 702-5777