Uniserve Secures Financing / $300,000 Unit Private Placement at $0.05 per Unit
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 19, 2013) - Uniserve Communications Corporation (the "Company") (TSX VENTURE:USS) wishes to announce that it has secured $650,000 in short-term loans. The funds have been advanced and are being used for working capital. These loans carry an interest rate of 12% per annum with interest payable monthly and a share bonus payable of 15% at a deemed price per share of $0.10 per share, for a total share bonus of 975,000 common shares, subject to TSX Venture Exchange approval.
