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Home : ZTEST Closes Equipment Financing
Jan 11
2014

ZTEST Closes Equipment Financing

NORTH YORK, ONTARIO--(Marketwired - Jan. 10, 2014) - ZTEST Electronics Inc. (the "Company") (TSX VENTURE:ZTE) wishes to announce that it has received $200,000 from two non-arm's length lenders (the "Lenders") pursuant to the unsecured Equipment Term Loan announced in its press release dated December 23, 2013. An aggregate of 400,000 bonus warrants to purchase common shares of the Company at $0.10 per share until October 31, 2017 have been issued to the Lenders as partial consideration for the loan. The securities have been legended and are restricted from trading until May 11, 2014.
Source:http://www.marketwired.com/mw/release.do?id=1868105&sourceType=3
 
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