|
| Home : BLUERUSH Announces Proposed Non-Brokered Private Placement and New Board Member |
|
Aug 24
2017 |
BLUERUSH Announces Proposed Non-Brokered Private Placement and New Board Member |
|
TORONTO, ONTARIO--(Marketwired - Aug. 23, 2017) - BLUERUSH Media Group Corp. ("BLUERUSH" or the "Company") (TSX VENTURE:BTV) announced today a proposed non-brokered private placement financing pursuant to which BLUERUSH proposes to raise gross proceeds of up to $1,000,000 through the issuance of common share units ("Units") at a price of $0.05 per Unit. Each Unit is to consist of one common share in the capital of BLUERUSH (a "Common Share") and one common share purchase warrant (a "Warrant") of BLUERUSH. Each Warrant shall entitle the holder thereof to acquire one Common Share at an exercise price of $0.05 per Common Share for a period of 24 months following the closing of the financing. The Company has a set a minimum subscription of $25,000 per subscriber. All securities issued pursuant to the financing will be subject to a four-month hold period. BLUERUSH anticipates closing shortly, subject to the receipt of all necessary regulatory approvals. |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=2231258&sourceType=3 |
| |
|
Related News
|
» Jericho Oil to Raise $10 Million in Equity Financing for Oklahoma STACK Acquisition
» CLEARink Closes $5M In Funding
|
|
|
