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Tilting Arranges Private Placement

  //science-technology.news-articles.net/content/2011/03/15/tilting-arranges-private-placement.html
  Published in Science and Technology on Tuesday, March 15th 2011 at 18:20 GMT by Market Wire
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VANCOUVER, March 15 /CNW/ - Tilting Capital Corp. (the "Company") - (TSXV: TLL.H) is pleased to announce that, subject to regulatory approval, the Company has arranged a non-brokered private placement of 7,058,823 Units at a price of $0.085 per Unit for total proceeds of $600,000. The Units consist of one common share and one share purchase warrant to purchase one additional common share at $0.11 per share for a period of one year. The proceeds of the private placement will be used for the Company's $100,000 working capital deficit, for general working capital and for the Company's continuous disclosure requirements. There are no finders' fees payable in connection with the private placement. All shares to be issued pursuant to the private placement will be subject to a four month hold period. The Company is currently seeking new business opportunities.

ON BEHALF OF TILTING CAPITAL CORP.

"N. Ross Wilmot"
CEO and Director

This release includes certain statements that may be deemed "forward-looking statements". Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward looking statements. 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.