|
| Home : CanAsia Announces Closing of Seed Financing by Global Neuro Technologies Inc. |
|
May 08
2015 |
CanAsia Announces Closing of Seed Financing by Global Neuro Technologies Inc. |
|
CALGARY, ALBERTA--(Marketwired - May 7, 2015) - CanAsia Financial Inc. ("CanAsia" or the "Corporation") (TSX VENTURE:CNA) is pleased to announce that Global Neuro Technologies Inc. ("GNTI") (a company which the Corporation is acquiring all of the issued and outstanding shares by way of a reverse takeover) has completed an initial closing of the previously announced non-brokered private placement for an initial amount of 555,000 subscription receipts ("Subscription Receipts") at a price of $1.00 per Subscription Receipt for gross proceeds of $555,000. In addition, subject to TSXV Venture Exchange approval, the Corporation has commitments (the "Commitments") for an additional $450,000 of a combination of Subscription Receipts and units of the Corporation. Raymond James Ltd. (the "Agent"), has agreed to act as agent for GNTI in connection with a best efforts brokered offering of a minimum of 500,000 Subscription Receipts at a price of $1.00 per Subscription Receipt, for total gross proceeds of a minimum of $500,000 (the "Brokered Offering"). |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=2017877&sourceType=3 |
| |
|
Related News
|
» INGDAN.com Reaches Approximately 2 Million Followers
» VIQ Solutions Amends Terms of Bridge Loan
|
|
|
