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MONTREAL, QUEBEC--(Marketwire - April 3, 2012) - Peak Positioning Technologies Inc. ("Peak") (TSX VENTURE:PKK) today announced that it will close a private placement of 7,350,800 units, at a price of $0.10 per unit, for gross proceeds of CDN$735,080 on April 5, 2012. The funds raised will partially be devoted to further developing Peak's partnership venture in China with LongKey-Hong Kong Ltd. ("LongKey"), and for working capital purposes. |
