Mr. Larry Youell reports
NOVATEQNI CORPORATION EXTENDS PRIVATE PLACEMENT
NovaTeqni Corp. had completed the first tranche of its previously announced non-brokered private placement of units and expected that the next tranche of the private placement would be completed later this month. With the consent of the TSX Venture Exchange, the additional tranches of the private placement may now be completed up until March 22, 2018.
The private placement remains subject to receipt of all necessary regulatory approvals, including final approval of the TSX Venture Exchange.
NovaTeqni intends to use the net proceeds of this private placement for the development of new products and for general working capital purposes.
We seek Safe Harbor.
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