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SAINT JOHN, NEW BRUNSWICK--(Marketwired - Dec. 14, 2015) - Stompy Bot Corporation ("Stompy Bot" or the "Corporation") (CSE:BOT) is pleased to announce that, further to its news release of November 25, 2015, it has closed the first tranche of its previously announced private placement financing through the issuance of 4,375,000 units of the Corporation (the "Units") at a price of $0.08 per Unit, for total gross proceeds of $350,000 (the "Private Placement"). Each Unit is comprised of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"), each Warrant entitling the holder thereof to acquire a Common Share at a price of $0.12 per share for a period of eighteen (18) months from the date of issuance. |
