POLY-PACIFIC INTERNATIONAL INC.
FOR IMMEDIATE RELEASE – Calgary, Alberta
TSX Venture Trading Symbol: PMB-V
OTCBB Trading Symbol: PLYPF
BERLIN Trading Symbol: A0LGDN
FRANKFURT Trading Symbol: POZ
POLY-PACIFIC INTERNATIONAL INC. ANNOUNCES A
NON-BROKERED PRIVATE PLACEMENT
March 10, 2008 – Poly-Pacific International Inc. (“Poly-Pacific” or the “Company”) announced
today that the Company closed a non-brokered private placement (“Private Placement”) of
units (“Units”), subject to regulatory approval, which raised $149,000. The Company will issue
1,862,500 Units at $0.08 per Unit. Each Unit consists of one common share and one common
share purchase warrant (“Warrant”). Each Warrant will entitle the holder thereof to purchase one
additional common share for a price of $0.15 per share until 5:00 p.m. on that date that is twenty-
four (24) months from the closing date.
The Company will pay, in accordance with all regulatory requirements, finder’s fees to
agents for obtaining subscriptions for Units pursuant to TSX Venture Exchange Policy, and the
Units are subject to a four month hold period.
The proceeds of the Private Placement will be used for general working capital purposes.
The Company also announced today that, subject to regulatory approval, the Company intends to
grant 200,000 stock options to a director and officer of the Company. The options will have an
exercise price of $0.10, with a two year term to expiry.
Poly-Pacific is an innovator in eco-friendly solutions to Industrial waste by-products. The
company is actively pursuing the reclamation of industrial polymer fibre throughout North
American landfill sites.
This release may contain forward looking statements within the meaning of the "safe harbor"
provisions of US laws. These statements are based on management ’s current expectations
and beliefs and are subject to a number of risks and uncertainties