Home : April 2011 : April 07, 2011 News : Open EC Technologies, Inc. Announces a $1,500,000 Non-Brokered Private Placement

Open EC Technologies, Inc. Announces a $1,500,000 Non-Brokered Private Placement

April 07, 2011

NORTH VANCOUVER, BRITISH COLUMIBA--(Marketwire - April 7, 2011) - Open EC Technologies, Inc. ("Open EC" or the "Company") (TSX VENTURE:OCE) is pleased to announce a non-brokered private placement of up to 18,750,000 units priced at $0.08 per unit for gross proceeds of $1,500,000. Each unit consists of one (1) common share of the Company and one half (1/2) share purchase warrant. Each full warrant will entitle the holder to acquire one (1) additional common share of the Company at a price of $0.12 per share for a period of one year from the date of issue. 

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