VTI.V - TSX.V Bulletin NewsFyi, Notice that there were bulletin announcments from the TSX Venture, the company has filed documentation with Videoware & Financings. Good Progress & News.
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Valdor agreement to acquire VideoWare
2014-02-18 17:09 ET - Acquisition
The TSX Venture Exchange has accepted for filing documentation of an asset purchase agreement dated January, 2014, between Valdor Technology International Inc. and Viewcast.com Inc. and VideoWare Inc., a wholly owned subsidiary of Viewcast, whereby the company may acquire the assets and business of VideoWare. VideoWare is in the streaming media industry and markets the Niagara and GoStream product line globally. The consideration payable is $1.1-million (U.S.).
Viewcast will be paid a 7-per-cent royalty on gross sales from the VideoWare business to a maximum of $1.75-million (U.S.) over a five-year period.
Valdor $397,000 convertible debenture financing
2014-02-18 17:04 ET - Private Placement - Debenture
The TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement for Valdor Technology International Inc. announced Jan. 29, 2014:
Convertible debentures
Convertible debenture: $397,000
Conversion terms: 20 per cent of the principal amount of the debenture may be convertible into units consisting of one common share and one common share purchase warrant at 10 cents of principal outstanding.
Maturity date: three years from closing
Warrants: Each warrant will have a term of three years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of 20 cents per share.
Interest rate: 12 per cent
Placees: 5
Valdor 5.28-million-share private placement
2014-02-18 17:00 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement for Valdor Technology International Inc. announced Jan. 29, 2014:
Number of shares: 5.28 million shares
Purchase price: 10 cents per share
Warrants: 5.28 million share purchase warrants to purchase 5.28 million shares
Warrant exercise price: 20 cents for a three-year period
Placees: 20