Eguana Technologies Inc V.EGT

STG warrants

[gjhgary]

GPS
Do you care to clarify your comment on STG warrants?
I wasreading the Investor News dating 16/05/2007
and it states the warrants can beexercised for a period of 18 months!!
I was thinking on investing in STG, butI hate how warrants keep the stock price down. 


Sustainable EnergyAnnounces Increase in Equity Financing to $6.5 Million
Calgary, Alberta - May15 2007 - Sustainable Energy Technologies Ltd.
("Sustainable Energy" or the"Company") announced today that its previously
announced (April 19, 2007)private placement of $4 million in Units has been
increased to $6.5 million.Closing is expected to occur on May 16, 2007.
The net proceeds of the issuewill be used to build out component and finished
product inventory in Europe;to invest in additional production test equipment; to
reduce corporate debtand for general corporate purposes.
Each Unit will consist of onecommon share and one-half of one common share
purchase warrant with one wholewarrant entitling the holder to purchase an
additional common share at anexercise price of $0.30 for the period of eighteen
months fromclosing.
D&D Securities acted as Agent for the issue which wasover subscribed. All
securities issued pursuant to these private placements,including any securities
issued in payment of commissions or finders' fees,will be subject to a four-month
hold period, commencing at closing.
AboutSustainable Energy
Based in Calgary Alberta, Sustainable Energy(www.sustainableenergy.com) develops
manufactures and markets advanced powerinverters for the renewable energy industry.
Power inverters are strategic tothe integration of new renewable energy technologies - solar
and wind power,fuel cells, and energy storage systems - into the high quality powerdemands
of the modern electrical grid.
Certain statements contained inthis press release may be considered as forward-looking.
Such forward-lookingstatements are subject to risks and uncertainties that could causeactual
results to differ materially from estimated or implied results.
TheTSX Venture Exchange does not accept responsibility for the adequacy or accuracyof this
release.
This news release does not constitute an offer to sell ora solicitation of an offer to buy any of
the securities in the United States.The securities have not been registered under the United
States SecuritiesAct of 1933, as amended (the "U.S. Securities Act") or any statesecurities
laws and may not be offered or sold within the United States or toU.S. Persons unless
registered under the U.S. Securities Act and applicablestate securities laws or an exemption
from such registration isavailable.
For further information please contact:
MichaelCarten
President and CEO
Phone: [phone]#111
[e-mail]