By Devika Patel
Knoxville, Tenn., June 14 - Knightscove Media Corp. announced that it plans a C$1 million non-brokered private placement of units.
The company will sell 10 million units at C$0.10 apiece.
The units consist of one common share and one half-share warrant. Each whole one-year warrant will be exercisable at C$0.15.
Toronto-based Knightscove is an entertainment company.
| Issuer: | Knightscove Media Corp.
|
| Issue: | Units of one common share and a half-share warrant
|
| Amount: | C$1 million
|
| Units: | 10 million
|
| Price: | C$0.10
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | One year
|
| Warrant strike price: | C$0.15
|
| Agent: | Non-brokered
|
| Pricing date: | June 14
|
| Stock symbol: | TSX Venture: KC.A
|
| Stock price: | C$0.12 at close June 14
|
| Market capitalization: | C$1.52 million
|
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