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Microcap & Penny Stocks : SMY - SAMSys Technologies Inc -- Ignore unavailable to you. Want to Upgrade?

To: Montana Wildhack who wrote (194)	7/25/2003 12:16:15 PM
From: Montana Wildhack	Read Replies (1) \| Respond to of 342

SAMSys Technologies Engages Agent for a Private Placement Financing /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, July 21 /CNW/ - SAMSys Technologies Inc., ("SAMSys"), (SMY:TSX-VEN), www.samsys.com, of Toronto, a provider of Radio Frequency Identification (RFID) reader hardware, is pleased to announce that it has agreed to raise approximately $5 million by way of a best efforts private placement of Special Warrants, at a price to be determined in the context of the market. The lead agent for this financing is First Associates Investments Inc. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. All dollars in this release are in Canadian funds.