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| Home : Snipp Announces Closing of Second Tranche of Private Placement |
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Apr 26
2016 |
Snipp Announces Closing of Second Tranche of Private Placement |
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WASHINGTON, DISTRICT OF COLUMBIA--(Marketwired - April 25, 2016) - Snipp Interactive Inc. ("Snipp" or the "Company") (TSX VENTURE:SPN)(OTCQX:SNIPF), an international provider of marketing promotions, rebates and loyalty solutions listed on the OTCQX and the TSX Venture Exchange, is pleased to announce that, further to its press release dated April 21, 2016, the Company has completed the second tranche (the "Second Tranche") of a non-brokered private placement (the "Financing"). The Second Tranche is comprised of 3,370,000 common shares (the "Shares") at a price of CAD $0.30 per Share for additional gross proceeds of CAD $1,011,000. Together with the proceeds raised under the first tranche, the Company has now raised $6,261,000 pursuant to the Financing. |
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| Source:http://www.marketwired.com/mw/release.do?id=2118127&sourceType=3 |
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