NEWS & INFO
News » Rights Offering 06-19-2007 Tue Jun 19 5:50:49 UTC 2007
Calgary, Alberta – Real Time Measurements Inc. (TSX Venture Exchange: “RTY”) (“RTM”) Mr. Terry Matthews, President of RTM, is pleased to announce that the Corporation will be proceeding with a rights offering. The board of directors has authorized the Company to proceed with a rights offering to shareholders (the “Rights Offering”) by way of rights offering circular. A draft rights offering circular has been filed with the applicable securities commissions and TSX Venture Exchange Inc. (“TSX Venture”). Further details regarding the Rights Offering will be provided once the Company has cleared all comments of the securities commissions on the rights offering circular and received the approval of TSX Venture. The Company expects that the net proceeds from the Rights Offering will be used for working capital purposes.
The TSX Venture Exchange has not reviewed this release and it does not accept responsibility for its adequacy or accuracy.