TORONTO, ONTARIO -- (MARKET WIRE) -- April 27, 2007 -- PharmEng International Inc. ("PharmEng" orthe "Company") (TSX VENTURE: PII) and Shropshire S.A R.L. ("Shropshire") announcedtoday the completion of the previously announced financing by way of privateplacement for aggregate gross proceeds of CAD$3,020,000 (the "Private Placement").
