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Jan 25, 2002 6:33PM - Solium Announces Private Placement is Ongoing
FOR: SOLIUM CAPITAL INC.
CDNX SYMBOL: SUM
JANUARY 25, 2002
Solium Announces Private Placement is Ongoing
CALGARY, ALBERTA--Solium Capital Inc. ("Solium") announced today that the
private placement previously announced on January 8, 2002 for the issuance
of up to 4,000,000 common shares at a price of $0.25 per common share is
ongoing.
The proposed private placement remains subject to Solium filing formal
notice with the Canadian Venture Exchange and receipt of regulatory
approval.
Solium Capital Inc. ( www.solium.com) is an independent full service
provider of solutions for the administration and execution of employee
share entitlement programs. It currently provides the only end-to-end
web-based application in Canada for the administration of stock option
plans.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Solium Capital Inc.
John Kenny
President and CEO
(403) 515 -3910 or (877) 380 -7793
Email: john.kenny@solium.com
or
Solium Capital Inc.
Lynn Leong
Chief Financial Officer
(403) 515 -3910 or (877) 380 -7793
Email: lynn.leong@solium.com
Website: www.solium.com
The Canadian Venture Exchange has neither approved nor disapproved the
information contained herein.
INDUSTRY: SCR
SUBJECT: FNC
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