Realist wrote:
Miraculins closes $350,000 private placement
2015-07-14 19:11 ET - News Release
Mr. Christopher Moreau reports
MIRACULINS ANNOUNCES CLOSING OF PRIVATE PLACEMENT OFFERING
Miraculins Inc. has closed a private placement offering with aggregate gross proceeds to the company of $350,000 from the sale of 4,375,000 units at a price of eight cents per unit. Each unit comprises one common share of the company and one share purchase warrant.
Each whole warrant entitles the holder to purchase one share at a price of 10 cents per share for a period of two years from the date the warrant is issued. The shares and warrants will be restricted from transfer for a period of four months and a day from the date hereof in accordance with applicable securities laws. The net proceeds of the offering shall be used for general corporate purposes.
A certain person assisted the company by introducing potential subscribers for the offering and was paid a finder's fee of 10 per cent of the total subscription proceeds received from subscribers introduced to the company by that person. Additionally, this person was issued compensation warrants equal to 10 per cent of the total number of units subscribed for by subscribers introduced to the company by this person. Each compensation warrant entitles the holder thereof to purchase one share at a price of 10 cents per share for a period of one year from the date of issue. The compensation warrants will be restricted from transfer for a period of four months and a day from the date hereof in accordance with applicable securities laws.
The closing of the offering is subject to the final approval of the TSX Venture Exchange.
source: [url=https://www.stockwatch.com/News/Item.aspx?bid=Z-C:MOM-2294111&symbol=MOM®ion=C][/url]