MONTREAL, QUEBEC--(Marketwired - April 19, 2016) - INTEMA SOLUTIONS INC. (TSX VENTURE:ITM) ("INTEMA" or the "Corporation") has closed a brokered private placement of $100,000 in convertible debentures of the Corporation. These debentures mature after two years and are convertible during that time into common shares of the Corporation at a price of $0.05 per common share until April 19, 2017 and $0.10 per common share until April 19, 2018.
The debentures and any shares issued upon their conversion are subject to a four-month hold period from the closing date.
In connection with this offering, the corporation paid a cash commission equal to 10% of the principal amount of the debentures and issued and 150,000 warrants, each entitling the holder to purchase one common share at a price of $0.05 until April 19, 2017 and $0.10 per common share until April 19, 2018.
Proceeds of the offering will be utilized for general working capital.
About INTEMA SOLUTIONS Inc. Intema's mission is to integrate technologies to marketing. The company develops technologies for marketing and services related to predictive marketing, relationship marketing and database marketing. Since its inception, INTEMA has dedicated its efforts to deliver key solutions to the marketing industry. For more information, please visit our website at www.intema.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined on policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Intema Solutions, Inc.
Roger Plourde, CEO