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Home : Arius3D Corp. Closes $200,000 Private Placement
Aug 09
2012

Arius3D Corp. Closes $200,000 Private Placement

TORONTO, ONTARIO--(Marketwire - Aug. 8, 2012) - Arius3D Corp. ("Arius3D" or the "Company") (TSX VENTURE:LZR) announced today that that it has completed a non-brokered private placement offering of a non-interest bearing note in the principal amount of $200,000 (the "Note") for net proceeds of $164,500. The Company paid a financing fee to the sole purchaser of the Note (the "Holder") in the amount of $20,000 and paid a finder's fee of $15,500. The Holder and the recipient of the finder's fee are both at arm's length to the Company. The net proceeds of the financing will be used to fund working capital.
Source:http://www.marketwire.com/mw/release.do?id=1688876&sourceType=3
 
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