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VANCOUVER, BC--(Marketwired - October 22, 2015) - EnWave Corporation (TSX VENTURE: ENW) (FRANKFURT: E4U) ("EnWave" or the "Company") is pleased to announce that it has completed its previously announced "bought deal" private placement offering (the "Offering") to Cormark Securities Inc. (the "Underwriter") of 6,250,000 units (the "Units") of the Company at a purchase price of $0.80 per Unit (the "Offering Price"), which includes the exercise in full of the underwriter's option, for aggregate gross proceeds of $5,000,000. |
