Bee Vectoring Announces C$1.6M Non-Brokered Private Placement

Press Releases |

MISSISSAUGA, ONTARIO–(Sept. 28, 2015) -


Bee Vectoring Technologies International Inc. (the “Company” or “BEE”) (BEE:CA) announces that it has received subscription commitments for C$1,600,000 and is in the process of completing a non-brokered private placement of 5,925,925 common shares (the “Shares”) at C$0.27 per Share for gross proceeds of C$1,600,000 (the “Offering”).

BEE will apply the net proceeds of the Offering to the further development of the Company’s new state of the art manufacturing plant located in Mississauga, Ontario, EPA approvals, international patents, to attract and hire industry leaders to work with the Company, and for general working capital purposes.

The Company will pay finders’ fees and commissions in connection with the Offering of 8% cash and 8% warrants (the “Finder’s Warrants”) to eligible finders. Each Finder’s Warrant will entitle the holder to acquire one common share at a price of C$0.27 per common share for a period of 18 months from the date of issue.

All securities issued under the Offering will be subject to a four-month hold period in accordance with applicable Canadian securities laws.

Closing of this Offering is subject to the receipt of all necessary regulatory approvals including that of the TSX Venture Exchange.

About Bee Vectoring Technologies International Inc.:

Bee Vectoring Technologies International Inc. has developed a proprietary tray and dispenser with a proprietary carrier agent “Vectorite” and utilizes commercially raised bees to transport and deliver the Vectorite (organic and inorganic bio-controls and fertilizers) to crops, an industry first – one part crop control, one part pollination.

Additional information can be viewed at the Company’s website

On Behalf of the Board of Directors of Bee Vectoring Technologies International Inc.,

Michael Collinson, President & CEO

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

Breathtec BioMedical Inc.

Breathtec Biomedical Inc is a medical diagnostics company. It is engaged in developing & commercializing breath analysis devices for the early detection of infections & life threatening diseases including cancers,…

Private Markets


A peer-to-Peer authentic photo marketplace disrupting the $10B commercial photography industry.


Lyft matches drivers using their own personal vehicles with passengers who request rides through the smartphone app, and the passengers pay automatically through the app. When using Lyft, passengers have…