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RSS FeedsEdgewater Wireless Closes First Tranche of Private Placement
(WorldNews Canada)

 
 

26 june 2019 14:04:30

 
Edgewater Wireless Closes First Tranche of Private Placement
(WorldNews Canada)
 


June 26, 2019 - Ottawa, Ontario - Edgewater Wireless Systems Inc. (TSX-V: YFI) (OTCQB: KPIFF)(the `Company`) is pleased to announce the closing of its previously announced private placement. The Company issued an aggregate of 11,000,000 units (the `Units`) at a price of $0.10 per Unit to raise aggregate gross proceeds of $1,100,000, completing parts one and two of the first tranche. Each Unit consists of one common share of the Company and one-half of one non-transferable share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company, for a period of 24 months from closing, at an exercise price of $0.20 per share. Four members of the...


 
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