Lingo Media Announces Closing of $1.125 Million Financing

Corporate Breaking News

Home : Lingo Media Announces Closing of $1.125 Million Financing

May 11 2011	Lingo Media Announces Closing of $1.125 Million Financing
TORONTO, ONTARIO--(Marketwire - May 11, 2011) - Lingo Media Corporation (TSX VENTURE:LM)(OTCBB:LMDCF) ("LingoMedia" or the "Company") a leader in online and print-based English Language Learning products is pleased to announce it has closed a non-brokered private placement financing of 1,875,000 units (each a "Unit") at $0.60 per Unit for gross proceeds of $1,125,000 (the "Financing").


Source:http://www.marketwire.com/mw/release.do?id=1513369&sourceType=3

Related News
» Advantaged Canadian High Yield Bond Fund Announces Private Placement of Units » Quorum and Government of Newfoundland and Labrador Announce Expansion Financing