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VGL Vigil Health Solutions Inc

0.67
0.00 (0.00%)
27 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Vigil Health Solutions Inc TSXV:VGL 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% 0.67 0.66 0.80 0 01:00:00

Vigil Health Solutions Announces Closing of Private Placement

31/05/2011 10:39pm

Marketwired Canada


Vigil Health Solutions Inc. (TSX VENTURE:VGL) ("Vigil") announced today the
closing of a non-brokered private placement of 8,000,000 units of Vigil at a
price of $0.065 per unit, for aggregate gross proceeds of $520,000. Each unit
consists of one common share and a half warrant. Each whole warrant entitles the
holder to purchase an additional common share at a price of $0.10 per share for
a period of two years from closing of the private placement.


British Columbia Discovery Fund (VCC) Inc. purchased 2,307,692 of the units,
GrowthPoint Ventures (VCC) Corp. purchased 2,930,000 units, and directors and
officers of Vigil purchased 1,447,074 of the units issued pursuant to the
private placement.


The net proceeds of the private placement are planned to be used to fund further
development of Vigil's products, for working capital and for general corporate
practices.


Vigil will file a material change report as soon as practicable after issuing
this press release. The material change report will be filed less than 21 days
prior to the closing of the private placement. The time of the material change
report is, in Vigil's view, both necessary and reasonable because the terms of
the private placement were settled and approved by Vigil's board of directors
and previously announced on May 3, 2011.


About Vigil Health Solutions Inc.

Vigil offers a proprietary technology platform combining software and hardware
to provide comprehensive solutions to the expanding seniors' housing market.
Vigil has established a growing presence in North America and an international
reputation for being on the leading edge of systems design and integration. The
Vigil Integrated Care Management System(TM) (Vigil(R) System) includes the
award-winning Vigil Dementia System, a nurse call system, bed monitoring,
resident check in, and the latest development the Vigil Wireless call system.
The first to supply dementia specific care technology, Vigil facilitates the
highest standard of care for cognitive residents while helping dementia
residents enjoy a higher quality of life and greater dignity.


1 Year Vigil Health Solutions Chart

1 Year Vigil Health Solutions Chart

1 Month Vigil Health Solutions Chart

1 Month Vigil Health Solutions Chart