AccelRate Announces Non-Brokered Private Placement to Raise Up to $530,000
31 Março 2011 - 6:37PM
Marketwired Canada
AccelRate Power Systems Inc. (TSX VENTURE:AXP) (the "Company") has retained the
services of Aberdeen Gould Capital Markets Ltd., an Exempt Market Dealer (the
"EMD"), to arrange a non-brokered private placement consisting of up to
1,000,000 common shares of the Company at the price of $0.53 per share to raise
gross proceeds of up to $530,000.
Completion of the offering is subject to TSX Venture Exchange acceptance. The
Company has agreed to pay the EMD a cash finder's fee equal to 8% of the gross
proceeds derived from the offering and, in addition, to issue finder's warrants
exercisable to purchase that number of common shares which is equal to 8% of the
total number of shares issued by the Company pursuant to the offering. The
finder's warrants relating to the offering will be exercisable for five years
after closing at the price of $0.56. All securities issued pursuant to the
offering will be subject to a four-month hold period from the closing date. The
proceeds from the offering will be used for general working capital.
ON BEHALF OF THE BOARD
Reimar Koch, President, AccelRate Power Systems Inc.
Quattro Exploration & Prod Ltd (TSXV:AXP)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Quattro Exploration & Prod Ltd (TSXV:AXP)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024
Notícias em tempo-real sobre Quattro Exploration & Prod Ltd da TSX Venture Exchange bolsa de valores: 0 artigos recentes
Mais Notícias de AccelRate Power Systems Inc.