Oct 12 (Reuters) - Xebec Adsorption Inc XBC.V :
* XEBEC ANNOUNCES PUBLIC OFFERING OF UNITS
* XEBEC ADSORPTION INC - A "BEST-EFFORTS" MARKETED OFFERING OF UNITS OF COMPANY FOR AGGREGATE GROSS PROCEEDS TO COMPANY OF UP TO CND$10 MILLION
* XEBEC - INTENDS TO USE OFFERING PROCEEDS TO FUND NEW PROJECT DEVELOPMENT INITIATIVES IN RENEWABLE GAS GENERATION, POTENTIAL M&A CHANCES, OTHERS
* XEBEC ADSORPTION INC - EACH UNIT WILL CONSIST OF ONE COMMON SHARE AT INDICATIVE PRICE OF $0.75 PER UNIT AND 0.5 OF ONE COMMON SHARE PURCHASE WARRANT
* XEBEC ADSORPTION INC - EXPECTS TO HAVE A POSITIVE CASH FLOW FROM OPERATING ACTIVITIES AS OF SEPTEMBER 30, 2018