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POZ Pozzi Milano Spa

0.652
0.004 (0.62%)
27 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pozzi Milano Spa BIT:POZ Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.004 0.62% 0.652 0.628 0.658 0.652 0.652 0.652 1,250 16:40:00

Prosys Announces an Issue of Shares for Debt

26/09/2008 10:57pm

Marketwired Canada


Prosys-Tech Corporation ("Prosys") (TSX VENTURE:POZ), announces today that,
pursuant to its press release dated September 8, 2008, it has issued 4,257,643
Class "A" Shares, said common shares, at a price of $0.24 per share in order to
settle a loan as well as interest and management fees related to said loan
contracted with the FIER CPVC-Montréal, representing an amount of $1,021,834.48.
The said Class "A" shares are subject to a holding period of four months
following their issue.


About Prosys 

Prosys is a distributor of information technology products having offices in
Montreal, Quebec and Ottawa. Prosys maintains its participation in CDMS Inc and
Peak Positioning Inc. Through CDMS, Prosys also offers a wide range of products,
including a 24/7 multilingual technical service desk, network operations and
monitoring, managed services, IT consulting and a host of value add hardware
solutions. The Corporation currently holds 37% of Peak's issued shares and has
an option to increase its participation in Peak to 50.1%. The investment in Peak
is in the scope of the Corporation's steps to diversify the global offer of
services to its current customers and to improve Prosys' positioning for the
development of the SMB market. For more information regarding CDMS and Peak,
please visit www.cdmsfirst.com and www.peakpositioning.com.


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