iSIGN Media Solutions Inc V.ISD.H

iSIGN Media Announces the Close of a Non-Brokered Placement

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iSIGN Media Announces the Close of a Non-Brokered Private Placement of $19,600 Download PDF TORONTO, ONTARIO -- (Marketwired) -- 10/03/14 -- iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX VENTURE:ISD) (OTCQX:ISDSF), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America, today announced that it has closed a private placement ("placement"), raising gross proceeds of $19,600. The Company completed the placement by issuing 108,888 common shares at a price of $0.18 per share. All securities are subject to a four month hold period. The proceeds will be used for operations. "The subscriber to the raise is RM Milestone, who requested that we enter into a small placement with them," stated Mr. Alex Romanov, iSIGN's Chief Executive Officer. "We appreciate the vote of confidence in the Company from a firm that has been handling our financial communications for the past year and a quarter."