Sould we have had a PR on the PP Should the company have issued a PR concerning the closing of the PP.
I don't think I missed anything or did I? Anyone know for sure?
from the NR of May 28th:
Medipattern has engaged Industrial Alliance Securities Inc. (the "Agent") to act as agent to raise, by way of private placement, at
.25 per common share, a minimum of $3,000,000 and a maximum of $5,000,000 with closing expected on or before June 15th, 2012 (the "Financing"). Under the terms of the Financing, the Agent will receive a cash commission representing 4% of the gross proceeds from the sale of common shares and broker warrants entitling the Agent to purchase up to that number of common shares as is equal to 8% of the aggregate number of common shares sold in the Financing, exercisable at
.25 per share for two years from the closing date.