October 3, 2013 - Intercept Energy Services Inc. (formerly Global Green Matrix Corp.) (the "Company") - TSX Venture: IES announces that it has closed on the first tranche of a non- brokered private placement for proceeds of up to $1.5 million. The offering consists of common shares in the Company offered at a price of $0.075 per share. The Company has received gross proceeds of $598,750 for the purchase of 7,983,333 to date.
The shares will be subject to a four month hold period from the date of closing. On receiving approval the Company may also pay a finder's fees of up to $58,750 cash to qualified finders.
The closing of the first tranche of the private placement is subject to approval by the TSX Venture Exchange.
The Company will proceed with the balance of the offering being $901,250, and intends to use the proceeds from the placement to fund the Company's expenditure on purchasing new frack water heating units used in the work performed by its subsidiary Intercept Rentals, the balance to be used for general working capital.
INTERCEPT ENERGY SERVICES INC. (http://interceptenergy.ca)
Intercept Energy Services Inc. is an Oilfield Services Firm primarily focused on servicing oil and gas companies and their fracking operations. Through its wholly owned subsidiary, Intercept Rentals. Intercept operates a fleet of proprietary, highly efficient and economical frack water heating units. Intercept offers frack water heating services to various oil and gas companies that require heated water for their fracking operations.
INVESTOR RELATIONS AND COMMUNICATIONS
RANDY HAYWARD, PRESIDENT or BUCHALTER CONSULTING
Phone: 250-247-8689 or 604-687-8855Toll free 1 866 631 6537 Fax: firstname.lastname@example.org
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