13:03:22 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Smartcool Systems Inc
Symbol SSC
Shares Issued 210,293,377
Close 2018-07-12 C$ 0.05
Market Cap C$ 10,514,669
Recent Sedar Documents

ORIGINAL: Smartcool expects to close placement Aug. 12

2018-07-12 17:12 ET - News Release

Received by email:

File: SSC - Press Release announcingupdate to private placement (July 2018).docx



NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Smartcool Provides Update to Private Placement Offering

Vancouver, B.C. July 12, 2018, Ted Konyi, CEO, Smartcool Systems Inc. (TSX:SSC.V OTC:SSCFF FSE: R3W) (the "Company") i
--->s pleased to provide this update to the non-brokered private placement financing (the "Private Placement") of up to 16
--->,000,000 units (the "Units") at a price of $0.05 per Unit for total aggregate proceeds of up to $800,000 announced by 
--->News Release of May 30, 2018.  To date, and as announced in its press release of June 15, 2018, the Company has sold 9
--->,600,000 Units for gross proceeds of $480,000.  The Company expects to complete the Private Placement and sell the bal
--->ance of the Units on or before August 12, 2018.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Shares or War
--->rants in the United States. These securities have not been and will not be registered under the United States Securiti
--->es Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold wit
--->hin the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securiti
--->es laws or an exemption from such registration is available.

About Smartcool
Smartcool Systems Inc. (TSX-V: SSC OTC:SSCFF FSE: R3W) provides cutting edge energy efficient and energy cost reductio
--->n solutions for businesses around the world.  The ECO3 , ESM and ECOHome are Smartcool's unique retrofit technologies 
--->that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by up to 40
--->%.

For further information 
WEB www.smartcool.net and www.smartcooleco3.com  EMAIL info@smartcool.net 

Investor inquiries
Mike Kordysz
Vice President, Investor Relations
TEL +1 604 904 8632 EMAIL mike.kordysz@smartcool.net 

Legal Notice Regarding Forward Looking Statements

This news release contains "forward looking statements".  Forward-looking statements are projections of financial perf
--->ormance or future events.  Forward-looking statements can be identified by the use of words such as "expect", "anticip
--->ate", "intend", "plan", "believe", "estimate" and words of similar meaning. Forward-lookiing statements in this news r
--->elease include the Company's intent to close the balance of the private placement offering by August 12, 2018.   Forwa
--->rd-looking statements are based on management's current expectations and assumptions and they are subject to risks tha
--->t may cause actual results to differ materially from those expressed or implied by such forward looking statements. Th
--->ese statements are subject to risks that may cause the actual results to be materially different in future periods fro
--->m those expressed or implied by such forward looking statements.  Risks that may prevent or delay the forward looking 
--->statements from coming to fruition as anticipated include the availability of working capital, risks inherent in produ
--->ct development, as well as market factors that may increase costs or time to market.  It is our policy not to update f
--->orward looking statements except to the extent required under applicable securities laws. Further information on the C
--->ompany is available at www.sedar.com or at the Company's website, www.smartcool.net.
 
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accur
--->acy of this release.



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