MIDLAND PARK, N.J. , Oct. 27 /PRNewswire/ — Global Agri-Med Technologies, Inc. (Pink Sheets: GAGO) through its wholly owned subsidiary, Quad Energy Corp. , has secured its first $500,000 of its previously announced non-brokered private placement. The proceeds of this flow through offering will be allocated to the ongoing operations of Quad Energy in its efforts to generate revenue from its existing properties. The flow through offering has been secured through B.I.G Investments and is subject to their due diligence for completion.
The Company is continuing its efforts to fulfill the entire One Million dollar private placement and is currently in discussions with two interested parties. The Company remains very confident that it will close on the balance of the previously announced One million dollar flow through financing.
Mr. Fred DaSilva , the company’s CEO added, “We are very excited to be able to take the first steps toward realizing production and revenue from our properties.”
For more information on Quad Energy , please see the company’s web site www.quadenergy.ca or call Fred DaSilva at 1-800-817-4140.