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FSI Announces Non-Brokered Private Placement

June 23, 2011

CALGARY, ALBERTA--(Marketwire - June 22, 2011) - FSI Energy Services Inc. ("FSI") (TSX VENTURE:FSI) is pleased to announce that it has negotiated, subject to final TSX Venture Exchange approval, a non-brokered private placement of 4,545,446 common shares at $0.11 per common share, for gross proceeds of approximately $500,000. The common shares issued in connection with the private placement will be subject to a four-month hold period from the closing date, as prescribed by the TSX Venture Exchange and applicable securities laws.

http://www.marketwire.com/mw/release.do?id=1530438&sourceType=3
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