E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/28/2005 in the Prospect News PIPE Daily.

New Issue: Midasco plans C$1 million private placement of stock

By Sheri Kasprzak

Atlanta, June 28 - Midasco Capital Corp. said it has arranged a non-brokered private placement for C$1 million.

The company plans to sell 4 million shares at C$0.25 each.

Based in Vancouver, B.C., Midasco is a software development company. The proceeds from the offering will be used for working capital and the evaluation of other business opportunities.

Issuer:Midasco Capital Corp.
Issue:Stock
Amount:C$1 million
Shares:4 million
Price:C$0.25
Warrants:No
Pricing date:June 27
Stock price:C$0.285 at close June 27

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.