ESV

E. S. I. Environmental Sensors Inc. ("ESI" or the "Company"), (TSX VENTURE:ESV)
is pleased to announce a non-brokered private placement of up to 10,000,000
units ("Units") at $0.05 per Unit to raise gross proceeds of up to CAD$500,000.
Each Unit will consist of one common share and one common share purchase warrant
(a "Warrant"). Each Warrant will be exercisable into an additional common share
for a period of three years from the closing date. The Warrants will be
exercisable at a price of $0.10 for the first year following the closing of the
transaction, $0.15 for the second year following closing, and $0.20 for the
third year following closing. 


The Private Placement is subject to TSX Venture Exchange ("Exchange")
acceptance. The proceeds from this financing will be used for general working
capital purposes and to fund the initial stages of the recently announced
Flo.Point(TM) development program as announced in the Company's press release on
March 13, 2014. Subject to Exchange approval, the Company will pay finders' fees
in connection with the private placement. 


About ESI

ESI is a leading manufacturer of patented and proprietary solutions for
environments where understanding the presence, movement, and/or amount of water
are important. Major market sectors include: Agriculture, Golf and Turf,
Scientific Research, Civil Engineering and Crude Oil. ESI solutions have been
successfully introduced into more than 40 countries to enable customers to
optimize their operations by monitoring the presence and movement of water,
managing irrigation systems, and monitoring the integrity of landfill covers.
Most recently, the Flo.Point(TM) instrument has been introduced to the Oil
industry to measure the volumetric presence of water pumped during crude oil
extraction for characterization and optimization of the process. ESI
differentiates itself by translating the best technology and science available
into practical, easy to use solutions. Irrigation managers, Reservoir Engineers,
and Scientists have adopted ESI's products for their accuracy, ease of use,
repeatability, and ability to operate in challenging environments. ESI is
publicly traded on the TSX Venture Exchange under the symbol "ESV". Further
information about ESI may be obtained through the Company's website at
www.esisensors.com.


On behalf of the Company:

Bernard Beauchesne, Chief Operating Officer

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
E.S.I. Environmental Sensors Inc.
Investor Relations:
2071C Malaview Avenue West
Sidney, BC V8L 5X6
250.655.3211 or 1-800.799.6324
investor.relations@esica.com


E.S.I. Environmental Sensors Inc.
Media Contact:
Bernard Beauchesne
250.655.3211 or 1-800.799.6324
bbeauchesne@esica.com
www.esica.com

E.S.I. Environmental Sensors (TSXV:ESV)
Historical Stock Chart
From Apr 2024 to May 2024

E.S.I. Environmental Sensors (TSXV:ESV)
Historical Stock Chart
From May 2023 to May 2024