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| Home : Carbon Friendly Solutions Inc. Closes Oversubscribed $1.9MM Private Placement |
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Feb 15
2012 |
Carbon Friendly Solutions Inc. Closes Oversubscribed $1.9MM Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 14, 2012) - Carbon Friendly Solutions Inc. (CNSX:CFQ) (the "Company" or "Carbon Friendly") is pleased to announce that the Company closed its financing by way of a private placement ("Private Placement") announced on January 24, 2012. The total financing from the Private Placement is comprised of CAD$1,918,740.00 in gross proceeds from the subscription to 6,395,800 Units. Each Unit consists of (1) one common share and (1) one non-transferable common share purchase warrant (the "Warrant"). Each Warrant entitles the holder thereof to purchase (1) one common share of the Company at an exercise price of CAD$0.45 per common share for a period of (2) two years from the closing date of the Private Placement. |
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| Source:http://www.marketwire.com/mw/release.do?id=1619701&sourceType=3 |
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