By Laura Lutz
Washington, Dec. 13 - Titan Trading Analytics Inc. closed a private placement of units for C$1,158,955.
The company sold 3,311,299 units of one share and one half-share warrant at C$0.35 per unit. Each whole warrant will be exercisable at C$0.50 for two years.
Proceeds will be used to enhance marketing and training programs, for software development and for working capital.
The deal will be non-brokered.
Based in Edmonton, Alta., Titan Trading provides tools to money managers, trading firms and traders.
| Issuer: | Titan Trading Analytics Inc.
|
| Issue: | Units of one share and one half-share warrant
|
| Amount: | C$1,158,955
|
| Units: | 3,311,299
|
| Price: | C$0.35
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | C$0.50
|
| Agent: | Non-brokered
|
| Settlement date: | Dec 13
|
| Stock symbol: | TSX Venture: TTA
|
| Stock price: | C$0.26 at close Dec. 13
|
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