Calyx Bio-Ventures arranges $300,000 placement
Calyx Bio-Ventures arranges $300,000 placement
2014-09-19 08:07 ET – News Release
Mr. Don Konantz reports
CALYX ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Calyx Bio-Ventures Inc. has arranged a non-brokered private placement of up to six million common shares of Calyx at a price of five cents per Calyx share for cash proceeds of up to $300,000. The company may pay a cash finder’s fee of up to 7 per cent and issue finders’ warrants of up to 5 per cent of the number of Calyx shares placed, on all or a portion of the private placement. Any finders’ warrants issued will enable the holder to purchase one Calyx share for a period of one year at a price of 15 cents. The funds raised from the issuance of the Calyx shares will be for general working capital and corporate development purposes.
