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Home : Synodon Obtains $1.9 Million from Exercise of 12.7 Million Warrants
Aug 26
2013

Synodon Obtains $1.9 Million from Exercise of 12.7 Million Warrants

EDMONTON, ALBERTA--(Marketwired - Aug. 26, 2013) - Synodon Inc. ("Synodon") (TSX VENTURE:SYD), announces the exercise during August, 2013 of 12,707,197 common share purchase warrants issued as part of Synodon's August 24, 2012 financing, resulting in proceeds of $1,906,080 to Synodon. In that financing, Synodon issued units that included 14,783,531 whole warrants entitling the holders to purchase one common share of Synodon stock at a price of $0.15 until August 24, 2013.
Source:http://www.marketwire.com/mw/release.do?id=1824406&sourceType=3
 
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