Post by
Defaulter on Apr 27, 2016 6:09pm
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aVID-23662
VidWRX seven-million-share private placement 2016-04-27 16:55 ET - Private Placement The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on April 12, 2016. Number of shares: seven million shares Purchase price: three cents per share Warrants: seven million share purchase warrants to purchase seven million shares Warrant initial exercise price: five cents Warrant term to expiry: five years Number of placees: one placee Finder's fee: Echelon Wealth Partners Inc., $10,500 cash, 700,000 warrants Finder warrant initial exercise price: five cents Finder warrant term to expiry: warrant exercisable for 60 months from issuance at five cents per share Note that in certain circumstances the exchange may later extend the expiry date of the warrants if they are less than the maximum permitted term. 2016 Canjex Publishing Ltd. All rights reserved.