|
| Home : Torino Power Solutions Inc. Announces Private Placement Financing with Existing Shareholder Exemption |
|
Apr 27
2017 |
Torino Power Solutions Inc. Announces Private Placement Financing with Existing Shareholder Exemption |
|
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 26, 2017) - Torino Power Solutions Inc. (CSE:TPS)(CSE:TPS.CN) (the "Company" or "Torino"), to announce a non-brokered private placement (the "Private Placement") of up to 6.66 million units (the "Units") at a price of $0.075 per Unit, for gross proceeds of up to $500,000. Each Unit will consist of one common share of the Company (a "Common Share") and one non-transferable Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.15 for a period of 24 months from the closing of the Offering. The Company may increase or decrease the size of the private placement. Subscription agreement and instructions are available at www.torinopower.com |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=2212301&sourceType=3 |
| |
|
Related News
|
» HDBaseT Alliance, Valens and Check Point Join Forces to Provide Superior Automotive Cyber Security
» Alabama Graphite Corp. Announces Proposed Non-Brokered Private Placement; Granting of Incentive Stock Options
|
|
|
