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Miraculins Inc Announces Closing Of Private Placement Offering


Monday, 8 Apr 2013 07:00am EDT 

Miraculins Inc announced that it has closed a private placement offering with aggregate gross proceeds to the Company of $1,050,950 from the sale of 11,677,223 units at a price of $0.09 per Unit. Each Unit is comprised of one common share of the Company and one half of one Share purchase warrant. Each Warrant entitles the holder to purchase one Share at a price of $0.11 per Share for a period of 12 months from the date the Warrant is issued. The Shares and Warrants will be restricted from transfer for a period of four months and a day from the date hereof in accordance with applicable securities laws. The net proceeds of the Offering shall be used for general corporate purposes including sales and marketing costs related to the Company's PreVu test. 

Company Quote

0.25
-0.02 -7.41%
3:15pm EDT