GREY:ISEDF - Post by User
Post by
bobo12345on Jan 11, 2010 10:54pm
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Post# 16666835
No Warrants--That's nice
No Warrants--That's niceISee3D Announces $3.3 Million Brokered Private Placement
Montreal, QC, Canada – December 8, 2009 – ISee3D Inc. ("ISee3D") (TSX-V: ICT) is pleased toannounce that it has engaged Union Securities Ltd. to act as ISee3D's lead agent for a syndicate
including Haywood Securities Inc. (the "Agents") on a commercially reasonable efforts basis in
connection with a private placement (the “Offering”) of up to 4,400,000 common shares (the
“Shares”) at a rate of
.75 per Share for aggregate gross proceeds of up to $3,300,000. The
Agents will receive a cash commission equal to 7% of the aggregate gross proceeds of the
Offering and a work fee of $15,000.
The Shares issued pursuant to the private placement will be subject to a four month hold period
and the offering will be subject to the approval of the TSX Venture Exchange. Proceeds from
the Offering will be used for general working capital requirements.
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