Uniserve looks to raise CAD 1.6 mln from private placement

Tuesday 7 May 2019 | 10:46 CET | News

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Canada's Uniserve Communications plans to raise CAD 1.6 million from the private placement of up to 20 million units at CAD 0.08 per unit. The money will go towards general working capital. Each unit will consist of one common share and one transferable 2-year share purchase warrant. One warrant will be exercisable for one additional common share at CAD 0.12 per share during year one, and CAD 0.15 per share during year two.

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Categories: General
Companies: Uniserve Communications
Countries: Canada
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