ZEOX Corporation
TSX VENTURE : ZOX

ZEOX Corporation

March 03, 2009 12:22 ET

ZEOX Closes CDN$348,450 Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2009) - Mr. LuVerne Hogg, President and CEO of ZEOX Corporation (TSX VENTURE:ZOX) announces the Company has completed the non-brokered private placement of 1,393,800 Units at a price of $0.25 per Unit for gross proceeds of $348,450 as previously announced on January 8, 2009. Each Unit consists of one common share of the Company and one common share purchase warrant. Each warrant is exercisable into one common share of the Company at a price of $0.35 per common share for a period of one year ending February 23, 2010.

All the securities issued in connection with this private placement are subject to a four-month hold period expiring June 24, 2009. The proceeds of this private placement are intended to be used for general working capital.

For a more complete business and financial profile of the Company, management encourages interested parties to view the Company's documents posted on www.sedar.com.

On behalf of the Board of Directors

LuVerne Hogg, President & Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information