Environmental Waste International Completes $885,000 Private Placement
AJAX, ONTARIO -- (Marketwire) -- 03/14/13 -- Environmental Waste
International Inc. (EWS) (TSX VENTURE:EWS) (the "Company") announced
that it closed a non-brokered private placement of 4,425,000 units
("Units") raising proceeds of $885,000. Each Unit sold for $0.20 and
consisted of one common share and one two year Warrant to purchase
half of one common share. Two Warrants entitle the purchase of one
common share at an exercise price of $0.35. The proceeds will be used
for general working capital purposes.
EWS has designed systems for the breakdown and recovery of usable
by-products from several organic materials, including rubber tires,
and for the sterilization of medical, animal, liquid and food waste.
EWS continues to explore other applications for its technology.
Please visit the EWS website at www.ewmc.com.
This news release includes certain forward-looking statements that
are based upon current expectations, which involve risks and
uncertainties associated with the Company's business and the
environment in which the business operates. Any statements contained
herein that are not statements of historical facts may be deemed to
be forward-looking, including those identified by the expressions
"anticipate", "believe", "plan", "estimate", "expect", "intend", and
similar expressions to the extent they relate to the Company or its
management. The forward-looking statements are not historical facts,
but reflect the Company's current expectations regarding future
results or events. These forward-looking statements are subject to a
number of risks and uncertainties that could cause actual results or
events to differ materially from current expectations, including the
matters discussed under "Risks and Uncertainties" in the Management
Discussion & Analysis, dated November 29, 2013 which can be found on
the Company's profile at www.sedar.com. The Company assumes no
obligation to update the forward-looking statements, or to update the
reasons why actual results could differ from those reflected in the
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Environmental Waste International Inc.
Dr. Daniel Kaute
(905) 686-8689 or (800) 399-2366
(905) 428 8730 (FAX)
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