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SNSG Gx Internetot

11.124
-0.022 (-0.20%)
24 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Gx Internetot LSE:SNSG London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.022 -0.20% 11.124 11.10 11.136 0 16:35:11

Completion of Private Placement

13/05/2005 3:39pm

PR Newswire (US)


Gx Internetot (LSE:SNSG)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Gx Internetot Charts.
Completion of Private Placement GRAND ISLAND, Neb., May 13 /PRNewswire-FirstCall/ -- Sense Technologies Inc. (OTC:SNSG) (BULLETIN BOARD: SNSG) is pleased to announce that it has completed a private placement of 14,324,000 units at USD$0.05 per unit for proceeds to the company of USD$716,200. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder thereof upon due exercise to acquire one additional common share in the capital stock of the company at a price of USD$0.15 for a period of eighteen months from the date of closing of the sale of the units. If the market price for the company's common stock, as quoted on a quotation facility or stock exchange, exceeds USD$0.40 for 5 consecutive trading days, the company may require the holder to exercise the warrants on or before 60 calendar days from delivery of such notice, failing which any unexercised warrants will be deemed expired. All of the securities are subject to resale restrictions under Rule 144 puruant to the U.S. Securities Act of 1933. The company also announces that David Hansing has resigned as director of the company. The company will not be appointing another director at this time. Background Sense Technologies, Inc. (OTC:SNSG) (BULLETIN BOARD: SNSG) , a publicly traded company, develops and markets backing awareness products for the automotive industry that have been created to help drivers avoid tragic accidents resulting from vehicle blind spots and impaired rear visibility. The company currently sells two patented technologies -- Guardian Alert(R), a Doppler awareness-based rear sensing device, and ScopeOut(R), an aerodynamic mirror system that enables drivers of cars and SUVs to see an enhanced panoramic rear view of oncoming traffic prior to backing out. Sense Technologies, Inc.'s sales offices are headquartered at Alhambra Plaza, 725 N. Hwy A-1-A, Suite C- 106, Jupiter, Florida 33477-4565. For additional information, please call Tim Goldsbury, National Sales Director, Sense Technologies, Inc., 561-744-2952; , toll-free 866-617-2327, or visit http://www.sensetech.com/. DATASOURCE: Sense Technologies Inc. CONTACT: Tim Goldsbury, National Sales Director of Sense Technologies, Inc., +1-561-744-2952, or Web site: http://www.sensetech.com/

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