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THUNDER BAY, ONTARIO--(Marketwired - Nov. 15, 2013) - Family Memorials Inc. (TSX VENTURE:FAM) (the "Corporation") announces that, further to its press release of November 4, 2013 in relation to the first closing of its public offering of units by way of a short form prospectus dated October 10, 2013 (the "Offering"), it has now closed on the balance (343 units at a price of $1,002 per unit) of the maximum Offering for gross proceeds of $343,686. Each unit consists of (a) one $1,000 principal amount (the "Principal Amount") 12% secured subordinated debenture (the "Debenture"); and (b) 2,000 rights (the "Rights") at a price of $0.001 per Right ($2.00 per unit). A full description of the details of the units is set forth in the November 4, 2013 press release. |
