Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Quikflo to close first tranche of financing next week

Monday, March 13, 2017 13:25
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Quikflo Health (CVE:QF) said on Monday it expects to have its first closing early next week of a non-brokered private placement of up to $7.5mln.

The company is offering units at a price of 7.5 cents per unit, with each unit consisting of one common share and one-half of a share purchase warrant entitling the holder to purchase one additional common share for 15 cents for a period of two years from closing.

The warrants will contain a forced conversion provision that if the shares of the company trade at 25 cents or more for a period of 10 trading days, the company has the option to accelerate the expiry date to no less than 30 days from a press release advising of the same. The company will pay qualified finders a commission of 8 per cent in cash and finders’ warrants.

Story by ProactiveInvestors


Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.