TSXV:ISD.H - Post by User
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Widwillyon Jun 04, 2021 11:12am
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Post# 33329623
New 6.9 ml PP announced
New 6.9 ml PP announcedOne World is out & now we have this new investor interest. GLTAL as we finally move towards a new beginning.
iSIGN Media proposes private placement of up to $6.9M
- iSIGN Media Solutions (OTCPK:ISDSF) to issue 138M units at $0.05 per unit in a private placement, for gross proceeds of up to $6.9M.
- Each Unit consists of one common share and one common share purchase warrant to purchase one share at $0.075 for a period of 24 months after closing.
- Founder and Chief Executive Officer of Ap1 Inc., Aaron Lyon Phillips has signed a binding agreement to subscribe for $6.4M worth of units or ~128M units.
- Proceeds will be used to retire debt related to advances, loans and convertible debentures; for general operational and sales/marketing purposes, including the hiring of public relations and investor relations companies; and for restructuring of the Corporation’s management structure