Business News • MarketWire • Annidis Corporation (Formerly Aumento Capital Corporation) Announces Closing of Its Qualifying Transaction and Concurrent Financing |
Annidis Corporation (Formerly Aumento Capital Corporation) Announces Closing of Its Qualifying Transaction and Concurrent Financing |
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Annidis Corporation (Formerly Aumento Capital Corporation) Announces Closing of Its Qualifying Transaction and Concurrent Financing
TORONTO, ONTARIO--(Marketwire - June 9, 2011) -Annidis Corporation (formerly Aumento Capital Corporation) (the "Company") (TSX VENTURE:ATO.P), a Capital Pool Company, is pleased to announce that it closed today its Qualifying Transaction ("QT") involving the exchange of all of the issued and outstanding securities of Annidis Health Systems Corp., ("Annidis") for securities of the Company on a 1.25 for 1 basis. Pursuant to the QT, the Company issued 48,719,930 common shares, 8,758,191 share purchase warrants, 3,700,000 stock options, and reserved for issuance up to 1,590,909 common shares upon the conversion of approximately $700,000 worth of outstanding Annidis convertible debentures, in exchange for all of the issued and outstanding securities of Annidis.
View More : http://www.marketwire.com/mw/release.do?id=1525164&sourceType=3
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