TSXV:MRS.H - Post by User
Comment by
robmilleron Jul 17, 2019 12:08am
106 Views
Post# 29927797
RE:PP initiated out of nowhere
RE:PP initiated out of nowhereThis is why I believe it could be about BCS rollout!
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VANCOUVER, British Columbia, July 08, 2019 (GLOBE NEWSWIRE) -- Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSXV:MRS) announces that, subject to the approval of the TSX Venture Exchange, it proposes to raise up to CAD $3,500,000 through a nonbrokered private placement (the “Private Placement”) of up to 14,000,000 units (each, a “Unit”) at a price of CAD $0.25 per Unit. Each Unit will consist of one common share (each, a “Share”) in the capital of the Company and one transferable common share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder to purchase one additional Share of the Company for a period of one year at an exercise price of CAD $0.40. The Company intends to use the proceeds of the Private Placement to begin funding certain purchase orders internally (thereby reducing capital costs while improving order-flow efficiencies), to finalize the implementation of a scalable enterprise resource planning solution for enhanced internal reporting and asset management capabilities, and for general working capital.
With omly a one year timeline to purchase .40 warrants is not long to see
sp above that which is another 60% from where we are here!
I'll wait it out thanks better interest than the bank!
Rob