ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

TTA Titan Trading Analytics Inc.

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Titan Trading Analytics Inc. TSXV:TTA 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 -

Titan Trading Analytics Inc. Announces Private Placement Closing

10/06/2011 8:35pm

Marketwired


Titan Trading Analytics Inc. (TSXV:TTA)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Titan Trading Analytics Inc. Charts.

Titan Trading Analytics Inc. (TSX VENTURE: TTA) (OTCBB: TITAF) (the "Corporation") is pleased to announce the closing of a non-brokered private placement of units ("Units") which raised CDN $1,948,400. The Corporation will issue 19,484,000 Units at CDN $0.10 per Unit. Each Unit consists of one common share ("Common Share") and one full common share purchase warrant (a "Warrant"). Each whole Warrant is exercisable into one Common Share at a price of CDN$0.33 per Common Share during the twenty-four month period following the date of closing and will expire June 10, 2013.

The Corporation paid a total of CDN $38,640 in finder's fees to arm's length parties. The Common Shares and Warrants comprising the Units and the Common Shares issuable upon exercise of the Warrants are subject to a four (4) month restricted period which expires on October 11 2011. Closing of the private placement is subject to TSX Venture Exchange approval.

The net proceeds from the placement will be used to enhance marketing and training programs, software development and for working capital.

About Titan

Titan Trading Analytics Inc. is a premier provider of behavioral trading research. Trade signals are distributed via a powerful financial analysis and electronic trading software platform which captures and analyzes real-time market tick data and identifies trade opportunities based on numerous historical patterns, identified by Titan's Trade Recommendation Engine™ (TRE). Titan's flagship product, TickAnalyst™, delivers trading signals to proprietary trading firms and hedge funds via a cutting edge browser-based interface. Titan's internally developed products and services are at the forefront of the high growth global investment management and automated trading industry.

Forward-Looking Statements

Except for historical information contained herein, the matters set forth above may be forward- looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the financial crisis in the US, consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's clients. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties. Accordingly, readers should not place undue reliance on forward- looking statements.

Neither 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: Titan Trading Analytics Inc. Irene Midgley 780-973-6996 imidgley@titantrading.com

1 Year Titan Trading Analytics Inc. Chart

1 Year Titan Trading Analytics Inc. Chart

1 Month Titan Trading Analytics Inc. Chart

1 Month Titan Trading Analytics Inc. Chart

Your Recent History

Delayed Upgrade Clock