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TORONTO, ONTARIO--(Marketwired - Aug. 9, 2013) - Enssolutions Group Inc. (TSX VENTURE:ENV)(PINKSHEETS:NSLSF) ("Enssolutions" or the "Company"), a manufacturer and distributor of environmentally responsible emulsion products for a wide variety of industrial and commercial market demands, wishes to provide an update on the status of its previously announced private placement (the "Private Placement") in the amount of up to $2,000,000 through the issuance of up to 40,000,000 common shares at a price of $0.05 per common share. The Company is continuing the process of soliciting subscription commitments for the Private Placement and now anticipates raising up to $1,500,000 through the issuance of up to 30,000,000 common shares at a price of $0.05 per common share. The Company expects that the closing of the Private Placement will take place, subject to regulatory approvals, on or about October 31, 2013. Further updates on the status of the Private Placement will be announced as may be required or appropriate. |
