MONTREAL, QUEBEC and TORONTO, ONTARIO and PARIS, FRANCE and MEXICO CITY, MEXICO -- (Marketwire) -- 12/17/12 -- Parta Dialogue (TSX VENTURE: PAD) ("Parta" or the "Corporation"), expert in Social Campaign Optimization and Social Learning, is pleased to announce the closing of a private placement of 1,600,000 units at a price of $0.25 per unit, each unit being composed of one common share and one half (1/2) warrant, for gross proceeds of $400,000 (the "Offering"). Each full warrant entitles its holder to purchase one common share of the Company at a price of $0.40, exercisable for a 24-month period.
The Offering was completed with the assistance of an Agent, who received a cash commission equal to 5% of the gross proceeds of the Offering. The common shares of the Company were issued in reliance upon exemptions from the prospectus and registration requirements of applicable Canadian securities legislation and will be subject to a four-month hold period from the Closing Date. Closing of the private placement remains subject to final approval of the TSX Venture Exchange.
Parta accepted the resignation of Mr. Philippe Dunsky as director of the Corporation, effective immediately. Mr. Paul Allard, President and CEO of the Corporation, highlighted the visionary support offered by Mr. Dunsky, a director of the Corporation since 2009 and thanked him for his estimated contribution.
Parta offers Social Media and Social Learning solutions to its clients from offices in Montreal, Toronto, Paris, and Mexico and is the developer of the leading eValue Social Media ROI Suite: www.evaluesuite.com
Many visionary businesses already employ Parta's solutions for internal, and external online engagement. Among these are Proctor and Gamble, Nestle, Durex, Budweiser, IBM, Mazda, Universal Pictures, and Rock the Vote. www.partadialogue.com
PARTA is listed on the TSX Venture Exchange under the symbol PAD, and operates through two subsidiaries:
#engagementlabs, an all-digital agency offering a targeted range of social strategies, customized engagement platforms, and analytic tools to measure performance, and ROI totally focused on social engagement, & optimization: www.engagementlabs.com.
edu-performance, totally focused on internal engagement, and productivity, Edu-Performance offers customized Social Learning, and online training solutions: www.eduperformance.com.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
Paul Allard, President & CEO
Parta Dialogue Inc.
+1 (514) 831-4245
Andre Goli, VP Marketing
Parta Dialogue Inc.
450.466.7275 ext.: 23
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