Abattis Closes $600,000 Private Placement - News, Weather and Sports for Lincoln, NE; KLKNTV.com

Abattis Closes $600,000 Private Placement

Posted: Updated:

Vancouver, BC – February 14, 2014 – Abattis Bioceuticals Corp. (the "Company" or "Abattis") (OTC PINK: ATTBF) (CSE: FLU) is pleased to announce that further to its news release of January 16, 2014, it has now closed the non-brokered private placement of 12,000,000 units for gross proceeds of $600,000.

About Abattis Bioceuticals Corp.

Abattis is a specialty biotechnology company with capabilities through its wholly owned subsidiaries of cultivating, licensing and marketing proprietary ingredients, bio-similar compounds, patented equipment and consulting services to medicinal markets in North America. The company is positioned to capitalize on the fast growing trend toward marijuana legalization in the United States and for medicinal use in Canada and international jurisdictions by supplying and partnering with companies to employ its vertical cultivation systems, extraction equipment/technology, and strategic marketing support to licensed growers. The company also has an extensive pipeline of high-quality products and Intellectual Property for the rapidly expanding botanical drug market. We follow strict Standard Operating Protocols and adhere to the Law’s of Canada and Foreign Jurisdictions. For more information, visit the Company’s website at www.abattis.com.

For further information, contact the Company’s CEO, Michael Withrow at (604) 538-6550 or at mike.withrow@abattis.com.

Neither the Canadian Securities Exchange nor its regulations services provider have reviewed or accept responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING INFORMATION

This press release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks various risk factors discussed in the Company’s Management’s Discussion and Analysis for the nine months ended June 30, 2013 and filed on August 29, 2013 and for the year ended September 30, 2012 and filed on January 28, 2013 under the Company’s profile on www.sedar.com. While the Company may elect to, it does not undertake to update this information at any particular time.

ReleaseID: 411971

  • Local HeadlinesLocal HeadlinesMore>>

  • Political ad sparks controversy

    Political ad sparks controversy

    By: Channel 8 Newsroom8@klkntv.comOMAHA, Neb. (AP) _ Nebraska Democrats are calling for a Republican candidate for governor to pull a televised campaign ad in which he knocks a Barack Obama doll off a fence post while criticizing the president's health care law. The ad, which began airing this week, shows Omaha state Sen. Beau McCoy standing next to the fence post with the bobblehead-like doll atop the fence post. McCoy says the health care law is ``the last thing we need,'' before slapping t...More >>
    By: Channel 8 Newsroom8@klkntv.comOMAHA, Neb. (AP) _ Nebraska Democrats are calling for a Republican candidate for governor to pull a televised campaign ad in which he knocks a Barack Obama doll off a fence post while criticizing the president's health care law. The ad, which began airing this week, shows Omaha state Sen. Beau McCoy standing next to the fence post with the bobblehead-like doll atop the fence post. McCoy says the health care law is ``the last thing we need,'' before slapping t...More >>
  • Denton church hosts egg hunt for Mission kids

    Denton church hosts egg hunt for Mission kids

    Denton church hosts egg hunt for Mission kids

    More than 20 Mission families participated in egg-cellent activies.More >>
    More than 20 Mission families participated in egg-cellent activies.More >>
  • Arson causes $2,500 in damage

    Arson causes $2,500 in damage

    Arson causes $2,500 in damage

    Posted By: Channel 8 Newsroom8@klkntv.comLincoln fire investigators say an intentional blaze was lit just before 10 p.m. Friday. Inspector Ken Hilger says an individual poured an accelerant on the north side of ahome near 9th and South streets and lit it on fire. The homeowner was inside at the time but was able to get out safely. Lincoln Police officials say she was able to putthe fire out herself.Officials estimate the fire caused around $2,500 in damage, melting a section of vinyl siding o...More >>
    Posted By: Channel 8 Newsroom8@klkntv.comLincoln fire investigators say an intentional blaze was lit just before 10 p.m. Friday. Inspector Ken Hilger says an individual poured an accelerant on the north side of ahome near 9th and South streets and lit it on fire. The homeowner was inside at the time but was able to get out safely. Lincoln Police officials say she was able to putthe fire out herself.Officials estimate the fire caused around $2,500 in damage, melting a section of vinyl siding o...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KLKN. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.