By Sheri Kasprzak
New York, Feb. 15 - One Signature Financial Corp. said it intends to raise up to C$2 million in a private placement.
The offering includes up to 40 million shares and at least 2 million shares at C$0.05 each.
Proceeds will be used for debt repayment and for working capital.
Based in Toronto, One Signature is a holding company for a group of investment firms.
| Issuer: | One Signature Financial Corp.
|
| Issue: | Stock
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| Amount: | C$2 million (maximum); C$100,000 (minimum)
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| Shares: | 40 million (maximum); 2 million (minimum)
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| Price: | C$0.05
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| Warrants: | No
|
| Pricing date: | Feb. 15
|
| Stock symbol: | CNQ: ONES
|
| Stock price: | C$0.03 at close Feb. 15
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