|
| Home : Biosenta Inc. Announces Closing of Private Placement of 6,522,892 Units |
|
Oct 10
2013 |
Biosenta Inc. Announces Closing of Private Placement of 6,522,892 Units |
|
TORONTO, ONTARIO--(Marketwired - Oct. 10, 2013) - BIOSENTA INC. (CNSX:ZRO) (the "Company") is pleased to announce that the first tranche of a private placement of units previously announced by a news release on September 26, 2013 at a price of $0.15 per unit (the "Offering"), has closed. The Company issued 6,522,892 units, each unit consisting of one Class A Share and one half of one Class A Share purchase warrant. Each whole warrant will entitle the holder to purchase one additional Class A Share in the capital of the Company (a "Warrant Share") at an exercise price of $0.20 per Warrant Share to the extent such Warrant is exercised on or before the date that is 18 months from October 10, 2013. Of the $978,433.80 of units sold, $743,184.62 of the aggregate subscription price of the units was satisfied by the setoff of existing debt owed by the Company to the certain subscribers. |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=1840077&sourceType=3 |
| |
|
Related News
|
» Calloway Real Estate Investment Trust Announces $100 Million Series K Senior Unsecured Debenture Issue
» Aureus Mining Inc.: Closing of US$16 Million Offering
|
|
|
