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  • Intelimax Announces 3 Million Dollar Non-Brokered Private Placement

29th March 2012

Intelimax Announces 3 Million Dollar Non-Brokered Private Placement

mini-orbyIntelimax Media Inc. (CNSX:IMD) wishes to announce up to $3 million non-brokered working capital private placement pursuant to which the Company will sell up to 10 million units of the Company at a price of CAD$0.30/unit.  Each unit will be comprised of one common share and one share purchase warrant.  Each warrant will be exercisable into an additional common share at a price of $0.60/share for a period of two years.  In connection with this financing, the Company will pay a finder’s fee to eligible finders in accordance with regulatory policies.

This entry was posted on Thursday, March 29th, 2012 at 6:42 am and is filed under Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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