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MedcomSoft extends 1.45 million warrants from 2005 private placement
By Laura Lutz
Washington, Jan. 29 - MedcomSoft Inc. extended the expiration of 1.45 million warrants to June 15 from Feb. 11.
The warrants were issued in a private placement of units that settled on Feb. 11, 2005. The placement included 7,192,712 units of one share and one quarter-share warrant for proceeds of C$3,596,356.
The company also extended the expiration of 887,269 warrants issued in a rights offering on Feb. 10, 2005 to June 15 from Feb. 10.
The exercise price of both sets of warrants remains unchanged at C$0.65 per share.
Based in Toronto, MedcomSoft develops software for the health care industry.
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