Companies )Arise Technologies Closing of the Third Drawdown |
| Published 26 January 2010 |
| Arise Technologies Corporation today announced that on January 25, 2010, the Company completed the third drawdown in the amount of $300,000 from its previously announced Committed Equity Facility Agreement with Haverstock Master Fund Under the terms of the Agreement, to complete the $300,000 drawdown, Arise issued 1,301,171 common shares to Haverstock at an average price of $0.231 per share. As of January 22, 2010, Arise also issued a subsequent drawdown notice under the facility in respect of a drawdown of $400,000. Closing of the drawdown is scheduled to be completed on or about February 1, 2010. |
| Source: Arise Technologies |
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