Integrated Environmental Technologies, Ltd. (OTCPK:IEVM) announced a private placement of 36,500,000 shares at $0.04 per share for gross proceeds of $1,460,000 and 7,575,758 units at $0.066 per unit for gross proceeds of $500,000 on February 9, 2015. Each unit consists of one common share and one half warrants. The warrants have a three year term and have an exercise price of $0.066 per share.

The company sold 7,125,000 shares to five individual investors, 29,375,000 shares to four institutional investors, and 7,575,758 units to an institutional investor. The company incurred offering costs of $124,300 in connection with these transactions, of which $68,300 was paid in cash and $56,000 was paid by the issuance of 1,055,303 shares of common stock. The securities were issued pursuant to exemption provided under Regulation D.