Business News • MarketWire • Cranberry Capital Acquires Additional Equity Stake in Synodon Inc. |
Cranberry Capital Acquires Additional Equity Stake in Synodon Inc. |
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Cranberry Capital Acquires Additional Equity Stake in Synodon Inc.
NEWMARKET, ONTARIO--(Marketwired - Sept. 23, 2015) - Mr. Paul van Eeden, President of Cranberry Capital Inc. ("Cranberry"), announced that Cranberry had acquired beneficial ownership of an additional 36,932,524 common shares of Synodon Inc. ("Synodon") through the exercise of 36,932,524 rights acquired in connection with Synodon's rights offering pursuant to a short form prospectus dated August 12, 2015, such common shares representing 25.76% of the issued and outstanding common shares of Synodon (on a non-fully diluted basis). The rights offering closed on September 22, 2015.
View More : http://www.marketwired.com/mw/release.do?id=2058127&sourceType=3
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