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| Home : SEB Announces Proposed Unit Offering of up to $500,000 |
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Nov 07
2013 |
SEB Announces Proposed Unit Offering of up to $500,000 |
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TORONTO, ONTARIO--(Marketwired - Nov. 7, 2013) - Smart Employee Benefits Inc. ("SEB") (TSX VENTURE:SEB), is pleased to announce it intends to complete an equity private placement of up to $500,000 by issuing up to 1,250,000 of units (the "Units") at a purchase price of $0.40 per Unit, with each Unit consisting of 1 common share of SEB and 1 common share purchase warrant of SEB (the "Share Purchase Warrant"). Each Share Purchase Warrant shall be exercisable for 1 common share of SEB at any time for a three (3) year term from the date of closing at an exercise price of $0.50 in year one, $0.55 in year two, and $0.65 in year three. |
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| Source:http://www.marketwired.com/mw/release.do?id=1849676&sourceType=3 |
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