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Home : Imperus Announces US$28 Million Financing for the Akamon Acquisition |
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Nov 05 2015 |
Imperus Announces US$28 Million Financing for the Akamon Acquisition |
TORONTO, ONTARIO--(Marketwired - Nov. 4, 2015) - Imperus Technologies Corp. ("Imperus" or the "Company") (TSX VENTURE:LAB)(FRANKFURT:ISX)(FRANKFURT WKN:A12B58) is pleased to announce that it has executed a commitment letter (the "Commitment Letter") with Third Eye Capital Corporation providing for, subject to the completion of definitive documentation and certain conditions, a senior secured term loan facility in the principal amount of US$28 million (the "Acquisition Facility"). The net proceeds from the Acquisition Facility will be used by the Company to fund the purchase price of the previously announced acquisition (the "Acquisition") of all of the issued and outstanding shares of the social gaming company Akamon Entertainment Millennium, S.L. ("Akamon"). For further details on the Acquisition, see the Company's press releases dated September 8, 2015 and September 28, 2015. |
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Source:http://www.marketwired.com/mw/release.do?id=2070172&sourceType=3 |
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