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| Home : Synodon Closes Private Placement of Units |
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Dec 14
2012 |
Synodon Closes Private Placement of Units |
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EDMONTON, ALBERTA--(Marketwire - Dec. 13, 2012) - Synodon Inc. ("Synodon") (TSX VENTURE:SYD), a developer of advanced remote sensing technologies is pleased to announce the closing of a private placement of units (the "Units") at a price of $0.10 per Unit, for aggregate gross proceeds of $300,000. The Units are comprised of one Class A common share (a "Share") and one Share purchase warrant. Each warrant (a "Warrant") entitles the holder to purchase one Share of the Corporation at an exercise price of $0.15 per Share until December 13, 2013. The proceeds will be used by Synodon for general working capital. |
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| Source:http://www.marketwire.com/mw/release.do?id=1737600&sourceType=3 |
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