Valdor Technology International Inc. (TSXV:VTI) announced non brokered private placement of 14,500,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 1,450,000 on January 7, 2013. Each unit is comprised of one common share and one non-transferable share purchase warrant. Each warrant will allow the holder thereof to purchase one additional common share at a price of CAD 0.20 per share for a period of three years from the date of closing.

The warrants issued with the units will be subject to an acceleration provision. After four months have elapsed from closing, if its shares trade above CAD 0.40 for 20 consecutive trading days, the company has the option to provide notice to the warrant holders that one half of their warrants will expire if they are not exercised within 30 days. If shares trade above CAD 0.50 for 20 consecutive trading days, the company has the option to provide notice to the warrant holders that their remaining warrants will expire if they are not exercised within 30 days.

A finder's fee will be paid.