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Solegear Bioplastic Technologies Inc.

11:28 AM - Solegear Bioplastic Technologies Inc. : Has completed a private placement for aggregate gross proceeds of $283,830. This Private Placement includes 1,892,197 units at a price of $0.15 per unit. As a result, the Company has a total of 74,806,854 common shares issued and outstanding. Insider and related party participation in the private placement totaled 305,531 units. Solegear Bioplastic Technologies Inc. shares V.SGB are trading unchanged at $0.13.