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Bullboard - Stock Discussion Forum Platinum Communications Corporation V.PCS

Communication Services Telecom Services

TSXV:PCS - Post Discussion

Platinum Communications Corporation > Why Shareprice has been recently constrained
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Post by TheRock07 on Feb 25, 2014 8:52am

Why Shareprice has been recently constrained

Platinum Communications Shares for Services 
 
Calgary, Alberta CANADA, February 24, 2014 /FSC/ - Platinum Communications Corporation("Platinum" or the "Corporation") (TSX-V: PCS) today announced that subject to approval from the TSX Venture Exchange Inc. ("TSXV"), it has agreed to issue 66,666 common shares to a consultant of Platinum, in consideration of certain past services provided to Platinum. Platinum has also requested approval from the TSXV to issue 415,052 common shares to certain executives of Platinum in consideration of certain past services provided to Platinum. 
 
A total of 481,718 common shares will be issued at a deemed price of $0.15 each pursuant to statutory exemptions from the prospectus requirements under applicable securities laws. Resale restrictions will apply to these common shares in accordance with applicable laws. 
Read more at https://www.stockhouse.com/news/press-releases/2014/02/24/platinum-communications-shares-for-services#feMC28bXbO6OAEy2.99
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Platinum Communications Corporation