Calgary, Alberta (FSCwire) - ChitrChatr Communications Inc. (“ChitrChatr” or the “Company”), developer of the Comprehensive Universal Unified Communications Platform (the “Platform”), announces a non-brokered private placement. The private placement will be for up to 3,750,000 units at $0.08 per unit for gross proceeds of up to $300,000. Each unit will be comprised of 1 common share and 1 warrant. Each warrant will be exercisable to purchase 1 additional common share at $0.11 per common share for up to 5 years from the issue date of such warrants.
About ChitrChatr
ChitrChatr 's stock is quoted on 2 markets: in Canada on the Canadian Securities Exchange (CSE) under the trading symbol ‘CHA’, and in German.
To learn more about ChitrChatr, visit www.chitrchatr.com. As well, you may view ChitrChatr's profile and documents at www.sedar.com and www.thecse.com.
On Behalf of ChitrChatr Communications Inc.
Rahim Mohamed
President & Chief Executive Officer
Phone: 403-605-9429
For further information please email: contact@chitrchatr.com
The CSE has not reviewed, approved or disapproved the content of this press release.
Forward-Looking Information:
This press release may include ‘forward-looking’ information within the meaning of Canadian securities legislation, concerning the expected business and commencement of trading in the common stock of ChitrChatr. The forward looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/chitrchatr01142016.pdfSource: ChitrChatr Communications Inc. (CSE:CHA, OTC Pink:CHICF) http://chitrchatr.com
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