April 10, 2018
Toronto, Ontario, Canada
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE U.S.
EESTOR INCREASES SIZE OF PRIVATE PLACEMENT
Toronto, Ontario – April 10, 2018 – EEStor Corporation (“EEStor” or the “Company“) (TSX
VENTURE:ESU) announced today that it has slighly increased the size of its previously announced
private placement of units to accommodate oversubscriptions. The size of the placement was originally a
maximum of C$2.0 million and will now be increased to C$2,039,400. A first tranche of C$1,216,500
was completed on March 16, 2018 and the balance of C$822,900 is expected to be completed shortly.
Each unit is priced at C$0.30 and consists of one common share and one common share purchase warrant.
Each common share purchase warrant entitles the holder to acquire one additional common share at a
price of C$0.45 for a period of 24 months from the closing date of the offering.
About EEStor Corporation
EEStor Corporation’s mission is to be the provider of leading edge electrical energy storage and related
technologies. EEStor operates on the principle and belief that a fundamental breakthrough in energy
storage will be the catalyst for positive environmental and economic change globally. EEStor’s current
business strategy is focused on licensing opportunities across a broad spectrum of industries and
applications building on its recent technology achievements related to solid-state, high energy density
The Company’s success depends on the commercialization of its technology. There is no assurance that
EEStor will be successful in the completion of the various enhancement phases underway to warrant the
anticipated licensing opportunities in the technology. Readers are directed to the “Risk Factors” disclosed
in the Company’s public filings.
For additional information please contact:
Chief Executive Officer
Tel. 416-535-8395 ext. 3
Senior Vice President
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.