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TORONTO, ONTARIO--(Marketwired - April 17, 2013) - Solutions4CO2 Inc. ("S4CO2" or the "Company") (TSX VENTURE:SFC) is pleased to announce, in compliance with TSX Venture Exchange ("TSXV") policies, the first-tranche closing of its previously-announced, non-brokered private placement for gross proceeds of C$480,000 (the "Private Placement"). Pursuant to the Private Placement, the Company issued 3,200,000 units (the "Units") at C$0.15 per Unit. Each Unit consisted of one common share ("Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one Common Share at a price of C$0.20 until April 17, 2016. The Common Shares issued are subject to a four-month-plus-one-day hold period that expires on August 18, 2013. |
