Novateqni Corporation Announces Financing
NOVATEQNI CORPORATION ANNOUNCES FINANCING
FOR IMMEDIATE RELEASE
January 8, 2018
Calgary, Alberta – NovaTeqni Corporation ("NovaTeqni or the "Corporation") (TSXV: NTQ) is pleased
to announce that it is proposing to complete a non- brokered private placement of units (each, a " Unit") at
a price of $0.17 per Unit for gross proceeds of up to $1,000,000. Each Unit is proposed to consist of one
common share in the capital of NovaTeqni (a " Common Share") and one transferrable common share
purchase warrant (a " Warrant"). Each Warrant may be exercised to acquire one Common Share at a
price of $0.23 per share for a period of 24 months from the date of issuance of the Warrant. The
financing is subject to TSX Ventur e Exchange approval. NovaTeqni ma y pay finder's fees to eligible
persons in accordance with TSX Venture Exchange policies.
NovaTeqni intends to use the net proceeds of this private placement for the development of new products,
expansion of its business, and for general working capital purposes.
For further information, please contact Larry Youell, Ch ief Financial Officer of the Corporation, by email
Reader Advisory
This press release contains forward-looking statements and forward-looking information within the meaning of
applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to
identify forward-looking information or statements. More particularly and without limitation, this press release
contains forward looking statements and information concerning the terms of the proposed non-brokered private
placement of Units. The forward-looking statements a nd information are based on certain key expectations and
assumptions made by the Corporation. Although the Corporation believes that the expectations and assumptions on
which such forward-looking statements and information are based are reasonable, undue reliance should not be
placed on the forward looking statements and information because the Corporation can give no assurance that they
will prove to be correct.
Forward-looking information is based on the opinions and estimates of management at the date the statements are
made, and are subject to a va riety of risks and uncertainti es and other factors that co uld cause actual events or
results to differ materially from those anticipated in the forward-looking information. Some of the risks and other
factors that could cause the results to differ materially from those expressed in the forward-looking information
include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including
governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and
when required; the availability of capital on acceptable terms; the need to obtain required approvals from
regulatory authorities; stock market volatility; competition fo r, among other things, skilled personnel and supplies;
changes in tax laws; and the other factors. Readers are cautioned that this list of risk factors should not be
construed as exhaustive.
Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date
hereof, and to not use such forward-looking information for anything other than its intended purpose. The
Corporation undertakes no obligation to update publicly or revise any forward-looking information, whether as a
result of new information, future events or otherwise, except as required by applicable law.
Neither the 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 press release.