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Warrants to be Repriced
August 05, 2009
Zecotek Photonics Proposes To Reprice Warrants
Vancouver, BC, August 5, 2009 - Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I.F), a developer of leading-edge photonics technologies for medical, industrial and scientific markets, today announced that it proposes to amend the terms of 1,078,150 warrants issued to subscribers of a private placement which closed December 20, 2007. The Company proposes to reprice the exercise price of the subscriber warrants to $0.75 per common share from the initial exercise price of $2.10, and the expiry date of December 20, 2009 will remain the same. About Zecotek This press release may contain forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what may have been stated. For product and technical information please contact: For investor information please contact: The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. If you would like to receive news from Zecotek in the future please visit the corporate website at www.zecotek.com. |