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MedX Health Corp announces brokered private placement


Wednesday, 22 Jan 2014 10:18am EST 

MedX Health Corp:Says the engagement of Trapeze Capital Corp., as lead agent, to raise gross proceeds of up to $2.0 mln, from accredited investors, through a private placement of Units, with each Unit comprised of one Common Share and one Common Share Purchase Warrant at $0.10 per Unit.Says each Warrant will entitle the holder to purchase one Common Share during the period ending two years from the date of issue, at an exercise price of $0.20.Says the net proceeds from sale of the Units will be used for the expansion of marketing efforts of the company's products, and for general working capital purposes. 

Company Quote

0.11
0.0 +0.00%
17 Apr 2014