NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, B.C. - (January 5, 2016) VirtualArmor International Inc. ("VirtualArmor") (CSE: VAI) has approved a private p
lacement of up to 3,333,333 shares (the "Shares") at a price of $0.15 per Share for proceeds of up to CAD $500,000 (the
"Offering"). VirtualArmor may pay a cash commission to certain finders based on gross proceeds raised equal to up to 10
% payable in cash and 10% payable in broker warrants (each, a "Broker Warrant"). Each Broker Warrant shall entitle the
holder to acquire one Share at a price of $0.15 per Share for a period of 1 year from the date of issuance.
All securities issued under the Offering will be subject to a four-month hold period.
This press release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United St
ates. The securities referenced herein have not been and will not be registered under the United States Securities Act o
f 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold in the Unite
d States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act
) except in compliance with one or more exemptions from the registration requirements of the U.S. Securities Act and app
licable state securities laws.
VirtualArmor is an information technology company that delivers solutions to help enterprises build, monitor, maintain a
nd secure their networks from cloud to core.
As a managed security services provider, VirtualArmor's services run 24 hours per day, 7 days per week, 365 days per yea
r through its primary security operations center ("SOC") located in Middlesbrough, U.K. and a secondary SOC located in S
alt Lake City, Utah. Each member of VirtualArmor's team supports the three main facets of its business: managed service
s, professional services, and hardware sales, by handling the design, configuration and installation of advanced network
and cloud architecture solutions.
VirtualArmor uses best-in-breed partnerships to provide solutions for customers that are affordable, highly reliable, sc
alable, and backed by thorough knowledge of the related technologies, products, and platforms. VirtualArmor has secured
partnerships with established technology businesses specializing in network appliances, software, and systems and provi
des its services to the mid- to large- enterprise and service provider markets. VirtualArmor customers include a 13-loc
ation data center provider, a Fortune 100 oil and gas company, multiple service providers with presences throughout the
United States, and household name enterprise organizations located primarily in the western United States.
Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE web
site, www.thecse.com, and on its website, http://www.virtualarmor.com/.
This press release may include forward-looking information within the meaning of Canadian securities legislation. The fo
rward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmor.
Although VirtualArmor believes that the expectations and assumptions on which such forward-looking information is based
are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmor cannot provide an
y assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press rel
ease and VirtualArmor disclaims any intent or obligation to update publicly any forward-looking information, whether as
a result of new information, future events or results or otherwise, other than as required by applicable securities laws
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. 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: http://www.equities.com/disclaimer