NEWS
Viridis Energy Inc. Announces Closing Of Second Tranche Of Private Placement
August 20, 2009Viridis Energy Inc. (TSXV:VRD) is pleased to announce the closing of the second tranche of its private placement (the "Private Placement") originally announced in a news release dated July 20, 2009.
Pursuant to the Private Placement, the Company issued 2,750,000 common shares (the "Shares") at a price of $0.10 per Share for gross proceeds of $275,000. This represents an over subscription of $25,000 from the $500,000 amount originally announced on July 20, 2009.
All securities issued pursuant to the second tranche of the Company's private placement are subject to a hold period expiring on December 21, 2009.
ON BEHALF OF THE BOARD
"Robert Gardner"
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