December 6, 2007
ATI Airtest Technologies Inc.
FOR IMMEDIATE RELEASE
AIRTEST ANNOUNCES FINANCING
DELTA, BC, December 6, 2007 – AirTest Technologies (TSXV: AAT) is pleased to announce the Company is offering a non brokered private placement for securities for gross proceeds of up to $750,000. Pursuant to the terms of the private placement, the Company intends to issue up to 15,000,000 units at a price of $0.05 per unit. Each unit will consist of one common share in the capital of the Company and one share purchase warrant. Each warrant will entitle the holder to buy one additional common share of the Company at a price of $0.10 per share for a period of 24 months from the date of
the closing of the Private Placement.
Commissions or finder’s fees will be paid pursuant to this Private Placement in accordance with the policies of the TSX Venture Exchange.
The Proceeds of the offering will be used for general working capital purposes. The Private Placement is subject to the approval of the TSX Venture Exchange.
Statements about the Company’s future expectations and all other statements in this press release other than historical facts are “forward looking statements”. The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from the expected results.
For further information, please contact:
Mr. George Graham, President
Phone: (604) 517 3888
Fax : (604) 517 3900
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.