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JTM Jetcom Com

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Share Name Share Symbol Market Type
Jetcom Com TSXV:JTM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Jetcom Closes $150,000 Private Placement

10/02/2011 1:48pm

Marketwired Canada


Jetcom Inc. (TSX VENTURE:JTM), is pleased to announce that it has closed a
private placement of 3,000,000 units for gross proceeds of $150,000 to an arm's
length placee. Each unit is comprised of one common share at $0.05 and one
common share purchase warrant exercisable at $0.15 for 3 years from the date of
closing. The common shares and warrants and common shares underlying the
warrants are subject to a four month hold period. The proceeds will be used for
working capital purposes at the discretion of the board of Jetcom.


Jetcom Inc. has 45,337,400 outstanding common shares.

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