Resverlogix Corp. (TSX VENTURE:RVX) (“Resverlogix”) announces that it has issued 2,639,633 common shares under its previously announced private placement offering with First Associates Investments Inc. (“First Associates”), as lead agent, on behalf of a syndicate that also included Haywood Securities Inc., Sprott Securities Inc. and Jennings Capital Inc. These common shares were issued at a price of $3.00 per share, for gross proceeds of approximately $7.9 million. After giving effect to such issuances, Resverlogix now has 21,593,004 shares issued and outstanding.
