By Devika Patel
Knoxville, Tenn., May 13 - Interactive Capital Partners Corp. announced it will raise between C$1.2 million and C$1.5 million in a private placement of shares.
The company will sell between 6 million and 7.5 million shares at C$0.20 apiece.
Investpro Securities Inc. is the agent.
Proceeds will be applied to sales, marketing, product development, costs related to the company's planned acquisition of Homehelp net. Inc., general and administrative expenses and general working capital purposes.
The capital pool company is based in Ottawa, Ont.
| Issuer: | Interactive Capital Partners Corp.
|
| Issue: | Shares
|
| Amount: | C$1.2 million (minimum), C$1.5 million (maximum)
|
| Shares: | 6 million (minimum), 7.5 million (maximum)
|
| Price: | C$0.20
|
| Warrants: | No
|
| Agent: | Investpro Securities Inc.
|
| Pricing date: | May 13
|
| Stock symbol: | TSX Venture: HFM.P
|
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