News Release
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October 4, 2004
TSX Venture Exchange Symbol: QI
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Q Investments Ltd. announces a Non-Brokered Private Placement
Q Investments Ltd. (the “Company”) (QI: TSX-V) is pleased to announce
that it has arranged a Non-Brokered Private Placement (the “Private Placement”)
with two private investors, one of which is a director of the Company. The
Private Placement consists of 2,000,000 units at $0.80 per unit for a total
proceeds of $1,600,000. Each unit will be comprised of one common share in
the capital stock of the Company and one non-transferable share purchase warrant
(the “Warrant”). Each Warrant entitles the holder to acquire a
further common share of the Company for a five-year period at the price of
$0.85 per share.
The closing of the Private Placement is subject to TSX Venture Exchange approval
and any other required approvals.
Proceeds of the Private Placement will be used for working capital purposes
and debt and equity investment opportunities.
For further information contact Michael Price, President, at 44-20-7977-1268
or visit our website at www.qinvestmentsltd.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
© 2007 Q Investments Ltd. (TSX: QI) - Please read our Disclaimer.
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