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| Home : IWS Announces Closing of Private Placement |
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Aug 23
2016 |
IWS Announces Closing of Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 22, 2016) - International Wastewater Systems Inc. (the "Company") (CSE:IWS)(FRANKFURT:IWI) is pleased to announce the completion of the Company's previously announced non-brokered private placement pursuant to which the Company has issued 4,800,000 common shares in the capital of the Company (the "Shares") at a price of $0.20 per Share for aggregate gross proceeds of $960,000 (the "Offering"). Proceeds from the Offering will be used for repayment of the Company's outstanding loan (see press release dated March 21, 2016) and working capital to fulfill the manufacture and installation of the projects with Metro Vancouver and the British Columbia Housing Management Commission. |
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| Source:http://www.marketwired.com/mw/release.do?id=2152434&sourceType=3 |
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