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Share Name | Share Symbol | Market | Type |
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TSXV:CWP.A | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
The net proceeds from the private placement will be used to finance the estimated $125,000 in out-of-pocket costs of the recent consolidation and for general working capital purposes.
Pursuant to the Company's stock option plan, the Company has granted directors and officers options to purchase 200,000 Class A restricted equity shares. The options are for a five (5) year term exercisable at a price of $0.20 per share.
The private placement and the stock options are subject to TSX Venture Exchange approval.
ON BEHALF OF THE BOARD
Douglas F. Good, President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: ComWest Enterprise Corp. - Investor Relations Douglas F. Good President 604 484 6628 dgood@telus.net
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