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Re: wallwizz post# 22654

Friday, 09/03/2010 10:27:37 AM

Friday, September 03, 2010 10:27:37 AM

Post# of 26547
i know this one is listed already i just like it because it shows leaddog has some serious backing/green backs.


http://markets.chron.com/chron/news/read?GUID=14193795

GRIT International Receives an Additional Equity Financing Commitment
Friday August 06, 2010 - 22:35 PM EDT
Marketwire News ReleasesReleased By GRIT International, Inc..


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Text Size: .GRANDE PRAIRIE, AB -- (Marketwire) -- 08/06/10 -- GRIT International, Inc. "GRIT" (FRANKFURT: 3GR1) announces it has received an initial $5,000,000 Euro Funding Commitment from LeadDog Capital LP OF New York.

The funding will be used to assist with the purchase of certain assets and working capital. GRIT will continue to work toward its aggressive expansion plans with this first round of financing contracted. LeadDog Capital LP has also committed further funding to be contracted at a later date at GRIT International's discretion. As GRIT's new funding partner, GRIT International publicly traded subsidiaries will also have access to LeadDog Capital funding services. This arrangement will allow subsidiaries a degree of self-sufficiency and autonomy since subsidiaries will all have individual financial requirements. GRIT International also has established banking relationships allowing some flexibility of funding. This flexibility allows the company to access traditional debt financing as well as factoring and other forms of short term capital funding.

"LeadDog Capital L.P. (the "Fund") is managed by its General Partner, LeadDog Capital Markets, LLC. The LeadDog Management Team has significant experience in the capital markets involving private placements, reverse mergers, alternative public offerings, asset based financing and bridge loan financing. Management has numerous affiliations and contacts in the corporate arena which provides them with deal flow, from which they carefully select each investment opportunity."

GRIT INTERNATIONAL, INC. GRIT International is a Canadian based company, registered in the State of Nevada; its goal is to become the leader of paint and coatings products in North America. GRIT is already a specialized service provider of composite abrasives, blasting, paintings and coatings.

Safe Harbour Statement; under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. Contact: GRIT International Inc., Investors Relations. Website: www.gritintl.com; E-mail: grit-admin@gritintl.com
Contact:
GRIT International, Inc.
Investors Relations
Website: www.gritintl.com
E-mail: grit-admin@gritintl.com

CONTACT :
grit-admin@gritintl.com
GRIT INTERNATIONAL, INC.
P : 780.513.1125
F : 780.814.5584

Suite 201
9914 - 109th Avenue
Grande Prairie, Alberta
T8V 1R7
www.gritintl.com


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