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| Home : Enterprise Group, Inc. Announces Private Placement of Units |
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Feb 12
2013 |
Enterprise Group, Inc. Announces Private Placement of Units |
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ST. ALBERT, ALBERTA--(Marketwire - Feb. 12, 2013) - Enterprise Group, Inc. ("Enterprise" or the "Company") (TSX:E) announces that it has closed a non-brokered private placement (the "Offering") of 4,200,000 units of the Company ("Units") at a price of $0.25 per Unit for aggregate gross proceeds of $1,050,000. Each Unit is comprised of one common share in the capital of the Company ("Common Share") and one Common Share purchase warrant ("Warrant"). Each whole Warrant entitles the holder to acquire one Common Share at an exercise price of $0.35 for a period of six months from the closing of the Offering, subject to accelerated expiry in certain circumstances. After giving effect to the Offering, the Company has a total of 60,966,697 Common Shares issued and outstanding. |
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| Source:http://www.marketwire.com/mw/release.do?id=1756017&sourceType=3 |
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