|
| Home : ZENN Motor Company Completes Private Placement |
|
Apr 17 2012 |
ZENN Motor Company Completes Private Placement |
|
TORONTO, ONTARIO--(Marketwire - April 16, 2012) - ZENN Motor Company Inc. (TSX VENTURE:ZNN) ("ZENN" or the "Company") is pleased to announce that its previously announced non-brokered private placement has been completed. The Company has issued and sold 2,350,000 units at a price of $0.85 per unit raising gross proceeds of $1,997,500. Each unit consisted of one common share and one common share purchase warrant. Each share purchase warrant entitles the holder to acquire one common share at a price of $1.35 until October 13, 2013. |
|
|
|
| Source:http://www.marketwire.com/mw/release.do?id=1644469&sourceType=3 |
| |
|
Related News
|
» Cobalt Coal Ltd. Announces the Closing of First Tranche of Private Placement of Convertible Debentures » First Mexican Gold Corp. Arranges $300,000 Financing |
|
|