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Bullboard - Stock Discussion Forum Coastal Contacts Inc COA

NDAQ:COA - Post Discussion

Coastal Contacts Inc > dilution cancelled (whew!)
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Post by robvanhooren on Nov 19, 2012 5:34am

dilution cancelled (whew!)

fyi, dilution cancelled.

GLTA longs,

R.

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VANCOUVER, British Columbia, Nov. 16, 2012 (GLOBE NEWSWIRE) -- Coastal Contacts Inc. ("Coastal") (COA) (COA) (Stockholm:COA.ST), an online retailer of vision care products, announced today that it will not proceed with its previously announced marketed offering of common shares as it has determined that current market conditions will not permit it to raise funds on acceptable terms.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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