CALGARY, Alberta--(BUSINESS WIRE)--Sept. 16, 2003--Sure Trace Security Corporation (Sure Trace OTC-BB: SSTY) has completed a private placement for $25 million U.S. at an average equity investment of $0.67 per share with Can West Ventures Inc. The shares issued are 144 restricted. As a condition of the transaction, Sure Trace has agreed to cancel a previously announced Letter of Intent, announced on August 13, 2003, for a private placement financing with Cavallino Investments Ltd.
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