Business News • MarketWire • Futura Completes Second Tranche of Private Placement |
Futura Completes Second Tranche of Private Placement |
|
|
Futura Completes Second Tranche of Private Placement
TORONTO, ONTARIO--(Marketwire - April 9, 2010) - The Futura Loyalty Group Inc. (TSX VENTURE:FUT) ("Futura") is pleased to announce today that it has successfully completed the second tranche of its private placement previously announced on February 4, 2010 (the "Financing") in the amount of $325,000 in equity units ("Units") for total gross proceeds of the Financing of $1,000,000. Each Unit costs $0.05 (the "Issue Price") and consists of one common share of the Company (a "Common Share") and one Common Share purchase warrant ("Common Share Warrant"). Each Common Share Warrant gives the holder the right to purchase one Common Share at a price of $0.10 for a period of 5 years from the Closing Date of the Financing.
View More : http://www.marketwire.com/mw/release.do?id=1145430&sourceType=3
|
|
|