Knightscove Media Corp. Announces Completion of Private Placement of 4,245,000 Units
2011年7月21日 - 7:32AM
Marketwired
Knightscove Media Corp. (TSX VENTURE: KC.A)(TSX VENTURE: KC.B)
("Knightscove") is pleased to announce that it has completed a
private placement offering of 4,245,000 units (each a "Unit") at a
price of CDN$0.10 per Unit for aggregate proceeds of CDN$424,500.
The private placement is subject to final approval of the TSX
Venture Exchange.
Each Unit consists of one subordinate voting share ("KC Share")
of Knightscove and one-half of one subordinate voting share
purchase warrant ("Warrant"), each Warrant entitling the holder to
acquire one KC Share at an exercise price of CDN$0.20 per KC Share
for a term of one year. The Units are subject to a hold period
extending until October 20, 2011.
Knightscove continues to explore additional financing endeavors
to enhance its existing lines of business and to support various
corporate and film library acquisition opportunities.
Upon the completion of this private placement, Knightscove has
57,884,101 subordinate voting shares and 9,647,819 multiple voting
shares issued and outstanding. Additional information regarding the
business of Knightscove may be found filed on SEDAR at
www.sedar.com.
These securities have not been registered under the U.S.
Securities Act of 1933, as amended, and may not be offered, sold or
resold in the United States or to a U.S. person absent registration
or an applicable exemption from the registration requirements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release or the
information contained herein.
Contacts: Knightscove Media Corp. Leif Bristow President and CEO
(416) 444-7900 x222
Knightscove Media Corp. CL A (TSXV:KC.A)
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