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Published on 2/8/2006 in the Prospect News PIPE Daily.

New Issue: HSE Integrated raises C$1.38 million from stock offering

By Sheri Kasprzak

New York, Feb. 8 - HSE Integrated Ltd. has settled a private placement with some of its new employees for C$1,375,000.

The company issued 550,000 shares at C$2.50 apiece.

Based in Calgary, Alta., HSE supplies industrial health, safety and environmental services.

Issuer:HSE Integrated Ltd.
Issue:Stock
Amount:C$1,375,000
Shares:550,000
Price:C$2.50
Warrants:No
Settlement date:Feb. 7
Stock symbol:TSX Venture: HSL
Stock price:C$3.90 at close Feb. 7

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