Telehop Communications Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Telehop Communications Inc Completes Private Placement
Telehop Communications Inc announces the completion of a non-brokered private placement for the gross proceeds of CAD750,000 through the issuance of units at a price of $0.10 per Unit, where each Unit consists of one common share and one-half of one common share purchase warrant. Each Warrant entitles the holder to purchase one common share over a two-year period (subject to acceleration in the event that the closing price of the Company's common shares on the TSX Venture Exchange, for a period of 10 consecutive trading days, exceeds $0.25 per common share) at a price of $0.15 per common share.
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