|
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 18, 2014) - Verisante Technology, Inc. (TSX VENTURE:VRS) (OTCQX:VRSEF) (the "Company" or "Verisante"), announced today that it has closed a non-brokered private placement of 2,827,000 units ("Units") at a price of $0.17 per Unit for gross proceeds of $480,590. Each Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire a common share at a price of $0.25 for a period of 24 months from the date of issuance, subject to certain acceleration provisions contained within the warrant certificate. |
