ATI Airtest amends $480,000 private placement

2009-10-20 10:09 ET - News Release

Mr. George Graham reports

AIRTEST ANNOUNCES AMENDMENT TO FINANCING ANNOUNCED SEPTEMBER 16, 2009

ATI Airtest Technologies Inc. is offering a non-brokered private placement for securities for gross proceeds of up to $480,000. Pursuant to the terms of the private placement, the company intends to issue up to eight million units at a price of six cents per unit. Each unit consists of one common share and one-half of one common share purchase warrant. One whole warrant entitles the holder to acquire an additional share at a price of 10 cents for a period of one year from the date of issuance.

Commissions or finders' fees will be paid pursuant to this private placement in accordance with the policies of the TSX Venture Exchange.

The proceeds of the offering will be used for general working capital purposes. The private placement is subject to the approval of the TSX Venture Exchange.

We seek Safe Harbor.