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Share Name | Share Symbol | Market | Type |
---|---|---|---|
DeepMarkit Corp | TSXV:MKT | 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% | 0.145 | 0.085 | 0.155 | 0 | 14:35:33 |
Marketvision Direct, Inc. (TSX VENTURE:MKT) (the "Corporation" or "Marketvision") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement") of 8,333,333 units of the Corporation (the "Units") at a price of $0.06 per Unit for aggregate gross proceeds of $500,000. Each Unit consists of one common share of the Corporation (a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share (a "Warrant Share") at a price of $0.10 per Warrant Share for a period commencing on the date of closing and ending on the date that is the earlier of (i) one year after the date of closing or (ii) the day of completion by the Corporation of a private placement financing of common shares at a minimum price of $0.10 per common share for aggregate gross proceeds to the Corporation of up to $3,500,000. The securities sold under the Private Placement are subject to a four month hold period. Proceeds of the Private Placement will be used to conduct due diligence on potential acquisition opportunities and general corporate purposes. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. All dollars in this release are in Canadian funds.
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