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| Home : Texada Announces $4,500,000 Private Placement |
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May 17
2012 |
Texada Announces $4,500,000 Private Placement |
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GUELPH, ONTARIO--(Marketwire - May 16, 2012) - Texada Software Inc. (TSX VENTURE:TXS) ("Texada" or the "Company"), announced today a non-brokered private placement (the "Private Placement") of up to 22,500,000 common shares of the Company (the "Common Shares") at a price of $.20 CDN per share for anticipated gross proceeds of up to $4.5 Ml. The Company intends to use the net proceeds of the Private Placement for working capital and equipment and other asset purchases. Insiders of the Company will be subscribing for greater than 25% of the Private Placement, on the same terms as arm's length investors. |
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| Source:http://www.marketwire.com/mw/release.do?id=1658297&sourceType=3 |
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