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Janel World Trade Ltd Signs Agreement for Capital Raise


Monday, 7 Oct 2013 10:06am EDT 

Janel World Trade, Ltd announced that it has signed an agreement for a $500,000 investment from an investor in exchange for newly issued shares of the Company's common stock at a price of $0.065. In connection with the sale, the Company will also issue five-year warrants to the investor for up to an additional $1,000,000 investment upon exercise for additional newly issued shares of the Company's common stock at a price of $0.08. The Company expects to close on the investment later this month. 

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