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Insidiou$

07/08/12 8:21 PM

#41070 RE: 9HikeDiscGolf #41066

Private Placement
Algae Farm (USA), Inc. (OTCPK:ALGF) announced a private placement of common shares for gross proceeds of $1,000,000 on June 1, 2012. The securities will be issued pursuant to Regulation D. Minimum investment accepted from any outside investor IS $5,000. The company will pay finders' fee amounting to $1,000 pursuant to the transaction. As of June 14, 2012, the company has raised $20,600 in funding from two investors.

ALGF's price was unchanged after the transaction was announced on 06/1/12.