TSXV:WEE.H - Post by User
Comment by
luvplaneson Apr 26, 2006 6:48pm
206 Views
Post# 10744808
RE: financing- Chgo
RE: financing- ChgoChgo,
On the subject of financing, I am reposting the meat of Jan 06 msg. Don't you think May 6th might have something to do with the price correction happening? Somehow, I would think this is of importance.
Cheers
Luvplanes
Wavefront Energy & Environmental Services Inc. - Closing of $9.5 Million Private Placement
12:24 EST Friday, January 06, 2006
TSX-V: WEE
EDMONTON, Jan. 6 /CNW/ - Wavefront Energy and Environmental Services Inc., a provider and licensor of its proprietary DeepWave(SM) (https://onthewavefront.com/dw_what-is-deep-wave.htm) technology for improved oil recovery and groundwater remediation is pleased to announce the completion of its sale of 7,038,008 Common Shares ("Shares") of the Company at a price of $1.35 per Share for gross proceeds of $9,501,311. The Shares were sold, through its agent, Pritchard Capital Partners LLC ("Pritchard"), by way of a brokered and concurrent non-brokered private placement (the "Private Placement"). All Shares issued under the Private Placement are subject to a four-month hold period expiring on May 6, 2006.