Intema Announces Extension to Proposed $600,000 Private Placement and closes a Private Placement of $90,000 Français
MONTREAL, Feb. 1, 2013 /CNW Telbec/ - Intema Solutions Inc. ("Intema" or the "Corporation") (TSXV: ITM).
Mr. Roger Plourde, President & CEO, announces that Intema has extended until March 1, 2013 the period for its proposed non-brokered private placement of up to 12,000,000 units at a price of $0.05 per unit for gross proceeds of up to $600,000 (the "Private Placement"). A first tranche of 6,540,000 units was completed on November 13, 2012.
Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle its holder to subscribe for one common share during a period of two years, at a price of $0.10 the first year after the date of closing of the Private Placement and at a price of $0.15 for the second year. The securities issued under the Private Placement will be subject to a four- month hold period from the date of closing. The closing of the Private Placement is subject to, among other things, final acceptance from the TSX Venture Exchange. Intema issued, by way of private placement, unsecured debenture of $90,000 to an accredited investor residing in Quebec. The debenture bear interest at the rate of 6% per annum, payable monthly in arrears, and will mature December 17, 2013. The principal amount of the debenture is convertible into Intema common shares at any time at the option of the holder at a conversion price of $0.10 per share until maturity. The debenture is accompanied by 900,000 common share purchase warrants, entitling the holder to acquire one additional common share of Intema at an exercise price of $0.12 until December 17, 2014.
For more information, see Intema's press release dated October 3, 2012.
About Intema Solutions Inc. Intema Solutions Inc.'s mission is to integrate technologies to marketing. The company develops technologies for marketing and services related thereto. Its services are predictive marketing, relationship marketing and database marketing. Since 1994, INTEMA has dedicated its efforts to deliver key solutions to the marketing industry. Amongst its clients are companies of all sizes in North America. For more information, please visit our website at www.intema.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined on policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Intema Solutions inc.
Robert Deslandes
Consulting Chief Finacial Officer
+1 514-861-1881
[email protected]
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