Business & Finance
Business and Finance
Business and Finance 
Thu, June 11, 2009
Wed, June 10, 2009
Tue, June 9, 2009
Mon, June 8, 2009
Sun, June 7, 2009
Fri, June 5, 2009
Thu, June 4, 2009
Wed, June 3, 2009
Tue, June 2, 2009
Mon, June 1, 2009
Sat, May 30, 2009
Fri, May 29, 2009
Thu, May 28, 2009
Wed, May 27, 2009
Tue, May 26, 2009
Mon, May 25, 2009
Sun, May 24, 2009
Fri, May 22, 2009
Thu, May 21, 2009
Wed, May 20, 2009
Tue, May 19, 2009
iLOOKABOUT Corp.: iLOOKABOUT Corp. Announces Proposed Private Placement
LONDON, ONTARIO--(Marketwire - May 29, 2009) - iLOOKABOUT Corp. (TSX VENTURE:ILA) (the "Company") announced today that it intends to complete a brokered private placement of up to 6,250,000 Units of the Company at a price of $0.40 per Unit, for gross proceeds of up to $2,500,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share of the Company at an exercise price of $0.55 for a period of 12 months from the date of issuance. The Company has engaged MGI Securities Inc. ("MGI") to act as its lead agent in respect of the financing, and MGI has confirmed that it has retained HDL Capital Corporation as a sub-agent. Net proceeds will be used to pursue growth opportunities which may include the capture of additional streetscape image-data, increased sales and marketing efforts, expansion of capital infrastructure and for general corporate and working capital purposes. The placement is expected to close on or around June 30, 2009 and is subject to acceptance by the TSX Venture Exchange.
About iLOOKABOUT
iLOOKABOUT is a visual data intelligence company serving commercial enterprise in the municipal, real estate and insurance sectors in North America and Europe with products and services including iLOOKABOUT StreetScape and Virtual Tours. A pioneer in visual data with its Virtual Tour product, the company has also developed iLOOKABOUT StreetScape, a visual data intelligence product for the geo-spatial market. iLOOKABOUT StreetScape is panoramic, comprehensive, street level perspective visual data, geo-coded with latitude and longitude coordinates for accuracy and supported by patented software processes and proprietary security and storage systems. Headquartered in London, Ontario, Canada, iLOOKABOUT also has offices in Toronto, Canada, and London, U.K. iLOOKABOUT's shares are traded on the TSX Venture Exchange under the symbol ILA.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
