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| Home : Grenville Completes Follow-on Investment in WATCH IT! Incorporated |
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May 26
2015 |
Grenville Completes Follow-on Investment in WATCH IT! Incorporated |
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TORONTO, ONTARIO--(Marketwired - May 25, 2015) - Grenville Strategic Royalty Corp. (TSX VENTURE:GRC) ("Grenville") is pleased to announce that it has advanced an additional $1,000,000 CAD to WATCH IT! Incorporated ("WATCH IT!"). This investment represents Grenville's first follow-on investment in WATCH IT! and brings Grenville's total investment in WATCH IT! to $2,000,000 CAD. In exchange for this advance, Grenville will receive a royalty based on WATCH IT!'s gross revenue within Grenville's average royalty rate of between 1% and 4%. |
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| Source:http://www.marketwired.com/mw/release.do?id=2022925&sourceType=3 |
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