Serebra Announces Private Placement
Vancouver-based eLearning solutions provider Serebra Learning Corporation has announced that the company has negotiated a non-brokered Private Placement. The placement offering will be for up to 5,666,667 Shares at a price of $0.06 to raise gross proceeds of up to $340,000.
Each Share will consist of one common share of Serebra. Finder’s fees may be payable. The private placement and finder’s fees are subject to regulatory approval.
The proceeds of the private placement will be used for general working capital. The securities in the private placement will be subject to a hold period of four months from the closing date of the private placement. Certain Insiders, Directors and Officers may subscribe for a portion of this placement. Closing of the private placement is subject to TSX Venture Exchange approval.
