Stem 7 Capital Announces Increase to Private Placement
NEWS RELEASE
Stem 7 Capital Announces Increase to Private Placement
May 2, 2017 – Vancouver, B.C. - Stem 7 Capital Inc. (the “Company”) (TSXV-STS.H) is pleased to
announce that due to increased demand, it has increased the amount of its previously announced non-
brokered private placement offering from $375,000 to $425,000. Under the increased offering, the
Company may issue up to 8,500,000 units at a price of $0.05 per unit. Each unit is comprised of one
common share and one share purchase warrant exercisable at $0.10 per share for a period of 12 months
from the closing date of the private placement.
All securities issuable pursuant to the private placement will be subject to a four month hold from the
closing date, in accordance with applicable securities laws.
The Company intends to use the proceeds of the private placement for general working capital purposes.
Completion of the private placement is subject to the approval of the TSX Venture Exchange.
On behalf of the Board
Dave McMillan
Chairman & CEO
For additional information, please contact:
Dave McMillan
Chairman & CEO
Tel: 1-778-773-4560
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.