AgriTec Systems Announces Closing of $120,000 Private Placement
15 Februar 2011 - 11:51PM
Marketwired Canada
AgriTec Systems, Inc. ("AgriTec" or the "Corporation") (TSX VENTURE:AGR) is
pleased to announce that it has closed a non-brokered private placement (the
"Offering") on February 15, 2011.
Pursuant to the Offering, the Corporation raised an aggregate of $120,000
through the sale of 600,000 Common Shares. A total of 50,000 shares were
purchase by an insider of the Corporation. The hold period on all shares issued
pursuant to the Offering will expire on June 16, 2011.
AgriTec is a Houston, Texas based corporation engaged in the pursuit of "clean
tech" business opportunities for the conversion of bio-mass (specifically rice
hull ash) into value added commodities, and has been issued a number of
world-wide patents in this regard. The Corporation's common shares are listed on
the TSX Venture Exchange under the trading symbol "AGR".
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