Wondering how this will affect the stock price?
DELTA, BC, April 15, 2009 –
Mr. George Graham, President of ATI AirTest Technologies Inc. ("AirTest"), announces the closing of its non-brokered private placement financing previously announced on February 23, 2009, for gross proceeds of $259,000. The placement was over-subscribed by $9,000. The Company will issue 12,950,000 units at a price of $0.02 per unit to 29 placees. Each unit consists of one common share and one common share purchase warrant, entitling the holder to acquire one common share for one year at an exercise price of $0.10. The shares and any shares acquired upon exercise of the warrants are subject to a 4 month hold period from the date of issue.