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| Home : MPH Ventures Closes Private Placement |
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Aug 07
2014 |
MPH Ventures Closes Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 7, 2014) - MPH Ventures Corp. (TSX VENTURE:MPS) (OTC GREY:MPSFF)(FRANKFURT:IJA1) (the "Company") is pleased to announce the completion of the non-brokered private placement announced June 23, 2014 and as a result has issued 6,010,000 units (the "Units") at a deemed price of $0.05 per Unit. Each Unit consists of one common share and one non-transferrable share purchase warrant (the "Warrant"). Each Warrant entitles the holder to purchase one additional common share at a price of $0.07 per share for a period of two years expiring July 31, 2016. Shares issued in connection with this private placement including any shares issued as a result of the exercise of any Warrants will be subject to a four month hold period expiring December 1, 2014. Aggregate finder's fees of $9,047.50 cash and 180,950 agents warrants ("Agent Warrant") has been paid in connection with this offering. The Agent Warrant is subject to the same terms and conditions as the subscriber Warrant. |
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| Source:http://www.marketwired.com/mw/release.do?id=1936386&sourceType=3 |
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