Surenano arranges $1.25-million private placement

Mr. Charles MaLette reports SURENANO ANNOUNCES PRIVATE PLACEMENT Surenano Science Ltd. intends to complete a private placement for proceeds of up to $1.25-million. The private placement will consist of the sale of up to 10 million units at a price of 12.5 cents per unit. Each unit will be composed of one common share and one common share purchase warrant, with each warrant entitling the holder thereof to acquire one common share in the capital of the company at a price of 35 cents per common share for a period of 24 months from the date of issuance. The warrants will be subject to an acceleration provision, such that, if, at any time after the date that is four months and one day after the closing, the company's shares trade on the Canadian Securities Exchange at a closing price of 50 cents or greater per share for a period of 10 consecutive trading days, the company may accelerate the expiry of the warrants by giving notice to the holders thereof, and, in such case, the warrant will expire on the 30th day after the date of such notice. In consideration for their services in introducing subscribers to the company under the private placement, finders may receive a commission of 6 per cent in cash and 6 per cent in common share purchase warrants, exercisable to purchase one common share at a price of 35 cents for a period of 24 months. The company intends to use the proceeds for operating expenses, including legal and audit fees, and general working capital, including to explore new markets for its Surenano surfactant, and to investigate complementary industries. All securities issued in the private placement will be subject to a four-month-and-a-day hold period. About Surenano Science Ltd. The business of Surenano is the sale and distribution of the Surenano surfactant, which is a ready-to-mix food grade compound that provides the base for high performance nanoemulsions to create incredibly homogeneous and stable products while maximizing bioavailability, clarity and taste. The company has an exclusive licence to distribute the Surenano surfactant within Canada; Oklahoma, United States; and Colorado, United States. We seek Safe Harbor.