Non-brokered deal funds general working capital purposes, obligations
By Devika Patel
Knoxville, Tenn., Dec. 10 - Easymed Services, Inc. said it plans a C$1.25 million non-brokered private placement of units.
The company will sell 1,470,588 units of one common share and one warrant at C$0.85 per unit.
Each warrant is exercisable at C$1.20 for two years. The strike price reflects a 50% premium to the Dec. 7 closing share price of C$0.80.
Proceeds will be used for general working capital purposes and to meets obligations.
Easymed is a medical and health technology services company in Toronto.
| Issuer: | Easymed Services, Inc.
|
| Issue: | Units of one common share and one warrant
|
| Amount: | C$1.25 million
|
| Units: | 1,470,588
|
| Price: | C$0.85
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | C$1.20
|
| Agent: | Non-brokered
|
| Pricing date: | Dec. 10
|
| Stock symbol: | CNSX: EZM
|
| Stock price: | C$0.80 at close Dec. 7
|
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