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| Home : Beleave Closes Non-Brokered Private Placement for Gross Proceeds of $1,405,000 |
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Sep 22
2016 |
Beleave Closes Non-Brokered Private Placement for Gross Proceeds of $1,405,000 |
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TORONTO, ONTARIO--(Marketwired - Sept. 21, 2016) - Beleave Inc. ("Beleave" or the "Company") (CSE:BE) is pleased to announce the closing today of a non-brokered private placement financing (the "Financing") for gross proceeds of $1,405,000. Pursuant to the Financing the Company issued an aggregate of 3,512,500 Units (each a "Unit") at a price of $0.40 per Unit. Each Unit consists of one common share ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant is exercisable for one Common Share at a price of $0.50 for a period of two years from date of closing. The Company will use the net proceeds of the Financing to complete its proposed facility and for general working capital purposes. |
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| Source:http://www.marketwired.com/mw/release.do?id=2160558&sourceType=3 |
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