Thursday, April 5, 2012

Omnitek Engineering Completes $5.0 Million Private Placement

Financing to Facilitate Diesel to Natural Gas Truck Engine Conversion Sales in U.S. Market SAN MARCOS, Calif., April 5, 2012 (GLOBE NEWSWIRE) -- Omnitek Engineering Corporation (OTCBB:OMTK) today announced it has entered into a definitive agreement with investors for a private placement of common stock and warrants to raise approximately $5.0 million in gross proceeds. Under the terms of the financing, the company will issue shares of common stock at a price of $2.12 and warrants to a group of ...continued
     

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