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| Home : CanAsia Announces Completion of Private Placement |
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Aug 14
2012 |
CanAsia Announces Completion of Private Placement |
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CALGARY, ALBERTA--(Marketwire - Aug. 13, 2012) - CanAsia Financial Inc. ("CanAsia" or the "Company") (TSX VENTURE:CNA) is pleased to announce that it has completed its previously announced non-brokered private placement for 400,000 units ("Units") of the Company at a price of $0.11 per Unit for gross proceeds of $44,000 (the "Offering"). Each Unit consists of one (1) common share ("Common Share") of CanAsia and one-half (1/2) of a share purchase warrant ("Warrant") of CanAsia. Each whole Warrant entitles the holder thereof to purchase one Common Share for $0.20 per share expiring 24 months from the date of the closing of the Offering. |
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| Source:http://www.marketwire.com/mw/release.do?id=1690251&sourceType=3 |
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