NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
TORONTO, Oct. 04, 2017 (GLOBE NEWSWIRE) -- 3D Signatures Inc. (TSXV:DXD) (OTCQB:TDSGF) (FSE:3D0) (the
"Company" or "3DS") is pleased to announce the close of its non-brokered private placement (the “Private Placement”) of 2,000,000
common shares (the “Shares”) at a price of C $0.25 per Share for gross proceeds of C $500,000 with ScreenCell SA (“ScreenCell”),
announced October 3, 2017. The Shares are subject to a four-month hold period in accordance with applicable Canadian securities
law.
ScreenCell is a strategic partner and supplier to 3DS and has been a research and development collaborator for
many years. ScreenCell currently supplies the Company with a screening system for the capture and isolation of circulating tumor
cells (“CTCs”) from blood.
The proceeds of the Private Placement will be used for clinical operations, namely the Company’s Hodgkin’s
lymphoma clinical trial, including clinical wages and laboratory expenses, and general working capital.
As previously announced on October 3, 2017, the Company intends to file an amended and restated preliminary
short form prospectus in relation to the public offering first announced by the Company on July 19, 2017. The amended and restated
preliminary short form prospectus will incorporate amendments related to the closing of the Private Placement and will update other
relevant information.
About ScreenCell
ScreenCell is a French-based biotechnology company with a simple and innovative non-invasive technology for
isolating fixed or live CTCs from whole blood, and potentially any atypical cell in biological fluids. For more information, visit
their website at http://www.screencell.com/.
About 3DS
3DS (TSXV:DXD) (OTCQB:TDSGF) (FSE:3D0) is a personalized medicine company with a proprietary software platform
based on the three-dimensional analysis of chromosomal signatures. The technology is well developed and supported by 22 clinical
studies on over 2,000 patients on 13 different cancers and Alzheimer’s disease. Depending on the desired application, this platform
technology can measure the stage of disease, rate of progression of disease, drug efficacy, and drug toxicity. The technology is
designed to predict the course of disease and to personalize treatment for the individual patient. For more information, visit the
Company’s website at http://www.3dsignatures.com.
For further information, please contact:
Jason Flowerday
CEO & Director
604-428-8842
investors@3dsignatures.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities described herein in the United States. The securities described herein have not been registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the
“United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the
U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
The information concerning ScreenCell contained in this news release has been provided by ScreenCell.
Although 3DS has no knowledge that would indicate that any statements contained herein concerning ScreenCell are untrue or
incomplete, the directors and officers of 3DS assume no responsibility for the accuracy or completeness of such
information.
Forward-Looking Information
This news release contains forward-looking information that is based on current expectations. Statements
with respect to the anticipated use of proceeds, the timing and progression of the Company’s short-form prospectus offering,
objectives and priorities, strategies or future actions, research and development, product development, and the
effectiveness of 3DS’ technology, among others, are all forward-looking information. Forward-looking information
consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions
regarding the future. Such information can generally be identified by the use of forward looking wording such as “will”, “may”,
“expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are
cautioned not to place undue reliance on forward-looking information, as there can be no assurance that the plans, intentions or
expectations upon which they are based will occur. By their nature, forward-looking information involve numerous assumptions and
known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions,
estimates, forecasts, projections and other forward-looking information will not occur. These assumptions include, among other
things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the
control of the Company. Risk factors that could cause actual results or outcomes to differ materially from the results expressed or
implied by forward-looking information include, among other things: that the Company not be able to continue its short form
prospectus offering; market demand; technological changes that could impact the Company’s existing products or the Company’s
ability to develop and commercialize future products; competition; existing governmental legislation and regulations and changes
in, or the failure to comply with, governmental legislation and regulations; the ability to manage operating expenses, which may
adversely affect the Company’s financial condition; the Company’s ability to successfully maintain and enforce its intellectual
property rights and defend third-party claims of infringement of their intellectual property rights; adverse results or unexpected
delays in clinical trials; changes in laws, general economic and business conditions; and changes in the regulatory regime.
The Company cautions the reader that the above list of risk factors is not exhaustive. Important factors that could cause actual
results to differ materially from the Company’s expectations include: litigation, the condition of the global economy, loss of key
employees and consultants, additional funding requirements, changes in laws, technology failures, competition, and the failure of
counterparties to perform their contractual obligations. The forward-looking information contained in this news release is
expressly qualified by this cautionary statement. Such information should not be read as a guarantee of future performance or
results. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from those implied by such statements.
The forward-looking information contained in this news release is made as of the date of this news
release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any
forward-looking information, whether as a result of new information, events or otherwise. Additionally, the Company
undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters
discussed above.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
