Vancouver, British Columbia / ACCESSWIRE / September 23, 2014 / SPT Sulphur Polymer Technologies Inc. is pleased to report that it has accepted private placement subscriptions for 15,000,000 common shares at a subscription price of $0.02 per common shares for proceeds of $300,000. Accordingly, the Company has issued 15,000,000 common shares with a trading restriction expiring four months and one day following the issuance, being January 24, 2015. Following the issuance, the Company has 17,633,334 common shares, issued and outstanding. Proceeds are to be utilized as follows: funding the acquisition of the Western Canadian rights for Sulstar and Sulconcrete, financing the marketing of Sulstar and Sulconcrete, establishing a website, administration costs, and general working capital.
For further information, please contact:
----------------------- |Jamie Lewin, CPA, | | |CEO | | |Phone: 604-739-3052| | -----------------------
No regulatory body has reviewed, and nor does any regulatory body accept responsibility for the adequacy or accuracy of the contents of this news release.
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SOURCE: SPT Sulphur Polymer Technologies Inc.