By Sheri Kasprzak
Atlanta, March 23 - International Water-Guard Industries Inc. said it will raise C$1.2 million in a private placement of stock.
The offering includes up to 15 million shares at C$0.08 each.
Based in Burnaby, B.C., International Water-Guard is an aerospace company focused on aircraft potable water treatment. The offering is part of the company's restructuring plan.
| Issuer: | International Water-Guard Industries Inc.
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| Issue: | Stock
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| Amount: | C$1.2 million (maximum)
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| Shares: | 15 million (maximum)
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| Price: | $0.08
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| Warrants: | No
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| Pricing date: | March 23
|
| Stock price: | C$0.05 at close March 23
|
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