Published on 6/19/2006 in the Prospect News PIPE Daily.
New Issue: MortgageBrokers.com raises $2.11 million from stock sale
By Sheri Kasprzak
New York, June 19 - MortgageBrokers.com Holdings Inc. said it closed a $2,112,470 private placement with Re/Max Ontario-Atlantic Inc.
Re/Max Ontario-Atlantic bought 2,112,470 shares of MortgageBrokers.com in the offering.
Proceeds will be used for working capital.
MortgageBrokers.com, based in Toronto, is a mortgage brokerage company focused on small and medium mortgage shops in North America.
| Issuer: | MortgageBrokers.com Holdings Inc.
|
| Issue: | Stock
|
| Amount: | $2,112,470
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| Shares: | 2,112,470
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| Price: | $1.00
|
| Warrants: | No
|
| Investor: | Re/Max Ontario-Atlantic Inc.
|
| Settlement date: | June 19
|
| Stock symbol: | OTCBB: MBKR
|
| Stock price: | $1.00 at close June 16
|
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