biOasis Announces $1.7 Million Raised Through Exercise of Warrants

VANCOUVER, British Columbia, April 7, 2009 (GLOBE NEWSWIRE) -- biOasis Technologies Inc. (TSX-V:BTI) is pleased to announce that all Warrants and Agent Warrants expiring March 31, 2009 were exercised as of March 31, 2009 resulting in cash proceeds to the Company of $1.7 million. As at March 31, 2009 the Company has cash and cash equivalents of $2.4 million compared to $0.8 million as at November 30, 2008 (end of Q3 2009).

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