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| Home : Respect Your Universe, Inc. Announces Closing of Second Tranche Private Placement |
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Jun 13 2014 |
Respect Your Universe, Inc. Announces Closing of Second Tranche Private Placement |
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PORTLAND, OREGON--(Marketwired - June 13, 2014) - Respect Your Universe, Inc. (TSX VENTURE:RYU)(OTCQB:RYUN) ("RYU") is pleased to announce that it has completed the second and final tranche of its private placement financing for gross proceeds of US$280,000, priced at US$0.10 per unit (the "Financing"). Each unit consists of one common share of RYU and one warrant, with each warrant entitling the holder to purchase one additional share at a price of US$0.25 per share for a period of three years. In connection with the Financing, RYU paid a finder's fee of $28,000 to one finder. |
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| Source:http://www.marketwired.com/mw/release.do?id=1920449&sourceType=3 |
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