Deal sells 65,000 units of one share, two warrants at $0.30 per unit
By Devika Patel
Knoxville, Tenn., Aug. 11 – Brisset Beer International Inc. completed a $19,500 fully subscribed private placement of units on Aug. 10, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 65,000 units of one common share and two warrants at $0.30 per unit. The A warrant is exercisable at $0.35 until Aug. 7, 2020, and the B warrant is exercisable at $0.40 until Aug. 7, 2020.
Montreal-based Brisset Beer brews, distributes and markets craft-brewed beer in Canada. The company intends to distribute its product under the brand name “Broken 7.”
| Issuer: | Brisset Beer International Inc.
|
| Issue: | Units of one common share and two warrants
|
| Amount: | $19,500
|
| Units: | 65,000
|
| Price: | $0.30
|
| Warrants: | Two warrants per unit
|
| Warrant expiration: | Aug. 7, 2020
|
| Warrant strike prices: | $0.35 (A), $0.40 (B)
|
| Settlement date: | Aug. 10
|
| Stock symbol: | OTCBB: BOIG
|
|
|
|
|
© 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.
