MONTREAL, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Earth Alive Clean Technologies (CSE: EAC) (“Earth Alive”) is pleased to announce that it has entered into an agreement with a private investor that provides for the purchase of 2,272,727 units of Earth Alive (the “Units”) at a price of $0.22 each, for total proceeds of $500,000. Each Unit is comprised of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase one common share of Earth Alive at the price of $0.35, for a period of 24 months following the closing.
“We are pleased to welcome a new strategic investor and we will use this investment to continue growing our sales.” stated Michael Warren, the CEO of Earth Alive.
All securities issued are subject to a four month hold period.
About Earth Alive Clean Technologies
Earth Alive aims to be a key player in world markets of environmentally sustainable industrial solutions by working with the latest innovations in microbial technology to formulate and patent innovative products that can tackle the most difficult industrial challenges, once only reserved to environmentally harmful chemicals and additives. Earth Alive is focused on environmental sustainability in namely the agriculture industry and dust control for the mining industry.
For additional company information, please visit: www.earthalivect.com
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| Earth Alive Clean Technologies Inc. 9641 rue Clément Lasalle (Qc) Canada H8R 4B4 T.(438) 333-1680 | For information, please contact: Mr. Michael Warren (e) mwarren@earthalivect.com (p) 514-941-7350 |