By Laura Lutz
Des Moines, June 1 - ZEOX Corp. completed a private placement of units for C$1 million.
The company sold 1 million units of one share and one half-share warrant at C$1.00 per unit. Each whole warrant will be exercisable at C$1.25 for nine months.
Canaccord Capital Corp. acted as agent.
Proceeds will be used to improve the productive capability of the company and for working capital.
Based in Vancouver, B.C., ZEOX manufactures industrial mineral products.
| Issuer: | ZEOX Corp.
|
| Issue: | Units of one share and one warrant
|
| Amount: | C$1 million
|
| Units: | 1 million
|
| Price: | C$1.00
|
| Warrants: | One per unit
|
| Warrant expiration: | Nine months
|
| Warrant strike price: | C$1.25
|
| Agent: | Canaccord Capital Corp.
|
| Settlement date: | June 1
|
| Stock symbol: | TSX Venture: ZOX
|
| Stock price: | C$1.43 at close June 1
|
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