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TORONTO, ONTARIO and HONG KONG, HONG KONG--(Marketwired - Nov. 12, 2013) - Spackman Equities Group Inc. ("SEGI") (TSX VENTURE:SQG) announced today that its entertainment subsidiary, Spackman Entertainment Group Limited ("SEGL"), completed a total of USD 1.8 million in additional financing, of which USD 1.3 million was raised by way of an equity private placement of shares, and USD 0.5 million through the issuance of convertible notes. This is in addition to the previous financing of USD 2.85 million announced on September 30, 2013, in which USD 1.85 million was raised through a private placement of shares and USD 1 million through the issuance of convertible notes. The terms of the latest equity and convertible note private placement were the same as the financings completed on September 30, 2013. |
