| Prima Development Ltd. Arranges $500,000 Non Brokered Private Placement
The Company is pleased to announce a non-brokered private placement offering (the "Offering") 5,000,000 units (the "Units") at a price of $0.10 per Unit for total proceeds of $500,000.
PRIMA REPORTS ANOTHER ORDER FROM CHINA
Prima is pleased to announce that it has received another order from the country of China. This is significant as it is a repeat order, following a sample order sent last summer and reported in the June 17, 2009 news release.
PRIMA REPORTS STRONG PROJECT SPECS FOR CANADA
Prima reports strong project specifications for the Canadian market. Although the exterior paint season does not normally get underway in Canada for another two months, securing projects has already begun for this year’s season.
PRIMA ANNOUNCES SEEKING TO SETTLE AGGREGATE INDEBTEDNESS
The Company announced today that it will be seeking to settle aggregate indebtedness in the approximate amount of $106,836.73 by way of the issuance of approximately 1,780,612 common shares of the Company at a deemed settlement price of $0.06 per share.
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