There were 1,901 press releases posted in the last 24 hours and 403,311 in the last 365 days.

Miraculins Announces First Closing of Private Placement Offering


/EINPresswire.com/ -- WINNIPEG, MANITOBA -- (Marketwired) -- 10/26/15 -- Miraculins Inc. (TSX VENTURE: MOM) (the "Company"), a medical diagnostic company focused on acquiring, developing and commercializing diagnostic tests and risk assessment technologies for unmet clinical needs, today announces the first closing of a non-brokered private placement offering (the "Offering") of up to 5,000,000 units ("Units") at a price of $0.05 per Unit for gross proceeds of up to $250,000. Each Unit is comprised of one common share of the Company (a "Share") and one-half of one Share purchase warrant. Each whole warrant (a "Warrant") entitles the holder to purchase one Share at a price of $0.08 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 first closing brought in aggregate gross proceeds of $135,000 from the sale of 2,700,000 Units.

A certain person assisted the Company by introducing a subscriber for the Offering and was paid a finder's fee of 10% of the total subscription proceeds received from the subscriber introduced to the Company by that person.

The net proceeds of the Offering will be used for general corporate purposes.

The Offering is subject to receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Miraculins Inc.
Christopher J. Moreau
President & CEO
204-477-7599
204-453-1546 (FAX)
info@miraculins.com
www.miraculins.com


Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.