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Empire Industries Ltd.

03:20 PM EST - Empire Industries Ltd. : Announced the closing of the New Executives Private Placement. Hao Wang, Brian Peebles, George Walker and Paul Poirier purchased an aggregate of 800,000 common shares in the capital of Company at a price of $0.53 per Common Share for gross proceeds of $424,000 pursuant to the private placement. Empire Industries Ltd. shares V.EIL are trading unchanged at $0.64.