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GINSMS Inc Raises $400,000 in Private Placement


Friday, 5 Apr 2013 05:14pm EDT 

GINSMS Inc announced that it has raised gross proceeds of $400,000 at a closing of a private placement by issuing 8,000,000 common shares at a price of $0.05 per share. GINSMS will use the proceeds from the private placement for working capital purposes. The common shares issued by GINSMS at the closing of the private placement are subject to a four-month hold period ending on August 5, 2013 under applicable securities legislation and the policies of the TSX Venture Exchange. Following the closing of the private placement, there are 51,537,499 common shares of GINSMS issued and outstanding. 

Company Quote

0.15
-0.05 -25.00%
20 Oct 2014