July 23, 2009 (FinancialWire) — Sonic Technology Solutions Inc. (TSX Venture: SNV) reported a total of 10.8 million common share warrants priced at 0.10 cents per warrant exercised for proceeds to the company of $1.08 million.

The company now has no outstanding warrants. Proceeds from the exercise of the warrants will be used for general working capital purposes.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.