Published on 12/18/2009 in the Prospect News PIPE Daily.
New Issue: O2 Capital negotiates C$1 million private placement of shares or units
By Devika Patel
Knoxville, Tenn., Dec. 18 - O2 Capital Corp. said it has arranged a C$1 million private placement of stock or units.
The company will sell 3,333,333 common shares at C$0.30 apiece.
Based in North Vancouver, B.C., O2 Capital is a capital pool company.
| Issuer: | O2 Capital Corp.
|
| Issue: | Common shares or units
|
| Amount: | C$1 million
|
| Shares: | 3,333,333
|
| Price: | C$0.30
|
| Warrants: | No
|
| Pricing date: | Dec. 18
|
| Stock symbol: | TSX Venture: OCA.P
|
| Stock price: | C$0.04 at close Dec. 17
|
| Market capitalization: | C$113 million
|
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