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| Home : Movit Announces Non-Brokered Private Placement of up to $500,000; Closes Debt Conversion |
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May 18
2017 |
Movit Announces Non-Brokered Private Placement of up to $500,000; Closes Debt Conversion |
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VANCOUVER, BC--(Marketwired - May 17, 2017) - Movit Media Corp. (TSX VENTURE: MV) (the "Company") wishes to announce that it will be conducting a non-brokered private placement to raise up to $500,000 in funds (the "Offering"). The Offering will consist of up to 6,250,000 units at a price of $0.08 per unit (the "Placement Units"). Each Placement Unit will consist of one (1) common share and one (1) common share purchase warrant, exercisable at $0.10 per share for a period of 24 months after issuance. The Offering has received conditional approval by the TSX Venture Exchange. The Offering may be closed in tranches and is subject to final regulatory approval. |
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| Source:http://www.marketwired.com/mw/release.do?id=2217123&sourceType=3 |
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