GREY:CCTXF - Post by User
Post by
run33on Dec 09, 2017 6:37pm
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Post# 27124813
Here comes the cheap paper
Here comes the cheap paperMEZZI HOLDINGS ANNOUNCES CLOSING OF PRIVATE PLACEMENT AND COMPLETION OF CONSOLIDATION Vancouver, British Columbia, August 17, 2017 – Mezzi Holdings Inc. (the “Company” or “Mezzi”) (TSX-V: MZI, FRA: 0MZ) announces the closing of its previously announced private placement (the “Private Placement”) (see news release dated July 18, 2017) totaling $525,000. These funds were raised by the Company issuing 70,000,000 (“Units”) at a price of $0.0075 per Unit, on a pre-consolidated basis. Each Unit consists of one common share and one common share purchase warrant (a “Warrant”) entitling the holder thereof to purchase one additional common share for a period of 24 months from the closing date at a post-consolidated price of $0.10. In connection with the Private Placement, the Company paid aggregate cash commissions of $29,371.65 and issued 391,622 broker’s warrants, each such broker’s warrant entitling the holder to acquire one common share of Mezzi at $0.10 for a period of two years from the closing date. All shares, together with any shares that may be issued on exercise of the Warrants and broker’s warrants, will be subject to a hold period expiring on December 16, 2017.