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Parta completes a Private Placement

  //science-technology.news-articles.net/content/2011/03/24/parta-completes-a-private-placement.html
  Published in Science and Technology on Thursday, March 24th 2011 at 12:05 GMT by Market Wire
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MONTREAL ET PARIS, March 24 /CNW Telbec/ - PARTA DIALOGUE INC. ("Parta") (TSX-V: PAD), is pleased to announce it has completed a first tranche of a private placement of up to $350,000 by issuing 1,850,000 units issued at a price of $0.07 per unit for total gross proceeds of $129,500. Each Unit is composed of one common share and one half (1/2) common share purchase warrant (a "Warrant"), each whole warrant will allow the holder to purchase an additional common share of Parta at the price of $0.25 for a period of 18 months. Parta expects to complete the second tranche of the private placement within the coming weeks.

Securities issued as part of this offering will be subject to a hold period until July 25, 2011.

Finder's fees of 5% of gross proceeds raised will be paid to Raymond James Ltd for a total of $2,100.

About PARTA

Parta Dialogue offers Social Media and Social Learning solutions to its clients from offices in Montreal, Paris and Mexico. Many visionary businesses already employ PARTA's solutions for internal and external online engagement. Among these are Renault, Orange, Astra Zeneca, Hydro-Québec, Iusacell (Mexico), the Canadian Association of Petroleum Producers, Neslté Waters, and Fondaction.

PARTA is listed on the TSX Venture Exchange under the symbol PAD. PARTA has a subsidiary that specializes in Social E-Learning, Edu-Performance  Canada Inc ([ www.eduperformance.com ]), and also owns and operates the following social networks : [ www.alternativechannel.com ]; [ www.ecomobility.tv ],  [ www.eauzone.tv ], [ www.energy2point0.com ] and [ www.greenpod.fr ].

For more information, please visit [ www.partadialogue.com ].

"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."