SIONIX Corporation Announces Completion Of $750,000 Private Placement
IRVINE, Calif., May 29 /PRNewswire-FirstCall/ -- SIONIX Corporation (BULLETIN BOARD: SINX) today announced that it has completed a private placement of $750,000 in units of its securities, at a price of $10,000 per unit, with each unit consisting of 100,000 shares of SIONIX' common stock and a three-year warrant to purchase up to 200,000 shares of common stock at an exercise price of $0.10 per share. The private placement was made to prior and new investors. SIONIX is not obligated to pay any commissions in connection with this private placement. The proceeds of the private placement are to be used for general working capital and to complete SIONIX' testing of its water purification product installed at the Villa Park Dam in Villa Park, California.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080529/LATH534) About SIONIX Corporation
For additional information, please contact SIONIX Corporation at (949) 752-7980 First Call Analyst: Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080529/LATH534
CONTACT: SIONIX Corporation, +1-949-752-7980 Web site: http://www.sionix.com/
2008-05-29 17:16:38 0373378 PRNEWSWIRE
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