LONDON, ONTARIO--(Marketwire - November 29, 2007) - Critical Outcome Technologies Inc. (TSX VENTURE: COT) announced today that the Company has completed a brokered private placement of common shares offered to accredited investors in Alberta, British Columbia and Ontario for gross proceeds of $4,000,000 CAD. The issue price of the common shares was $1.40 CAD per common share. The common shares issued under the offering are subject to a four month hold from the date of closing the private placement until the close of business on March 29, 2008.
