By Sheri Kasprzak
New York, Oct. 11 - Opsens Inc. settled a private placement for C$1,175,000.
The company issued 2,937,500 units at C$0.40 each. The units include one share and one warrant. Each warrant is exercisable at C$0.60 through Oct. 11, 2008.
Le Fonds d'investissement Actions-Croissance PME Inc. subscribed for C$600,000 of the offering.
Desjardins Securities Inc. was the placement agent.
Opsens was formed by the merger of DCB Capital Inc. and 9174-3369 Quebec Inc. on Oct. 4. Trading of Opsens securities will resume under the Toronto Stock Exchange Venture Exchange ticker symbol "OPS."
Located in Quebec City, Opsens develops fiber optic sensors and signal conditioners.
| Issuer: | Opsens Inc.
|
| Issue: | Units of one share and one warrant
|
| Amount: | C$1,175,000
|
| Units: | 2,937,500
|
| Price: | C$0.40
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | Oct. 11, 2008
|
| Warrant strike price: | C$0.60
|
| Investor: | Le Fonds d'investissement Actions-Croissance PME Inc. (for C$600,000)
|
| Placement agent: | Desjardins Securities Inc.
|
| Settlement date: | Oct. 11
|
| Stock symbol: | TSX Venture: OPS
|
© 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.
