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Ravenquest closes $2.07-million private placement

2019-06-28 18:09 ET - News Release

Mr. George Robinson reports

RAVENQUEST COMPLETES NON-BROKERED PRIVATE PLACEMENT

Ravenquest Biomed Inc. has completed a non-brokered private placement of 4.14 million units at a price of 50 cents per unit for gross proceeds of $2.07-million.

Each unit consists of one common share of the company and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the company at a price of 60 cents per share for a period of two years.

The proceeds of the financing will be used for general corporate purposes. In connection with completion of the financing, the company has paid finders' fees of $144,900 and issued 289,800 warrants as consideration for referring subscribers to the financing. All securities issued in connection with the financing are subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

Ravenquest further announces it has engaged enPercept Inc., an influencer marketing agency, to provide market awareness services for a four-month period at a fee of $115,000 per month, to be paid in common shares for service at prevailing market prices. Securities issued are subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

Quelle : www.stockwatch.com

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aus der Diskussion: RavenQuest Sofa
Autor (Datum des Eintrages): boersensoldat  (29.06.19 06:56:43)
Beitrag: 1,055 von 1,708 (ID:60917982)
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