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COMPREHENSIVE HEALTHCARE SYSTEMS INC. ANNOUNCES CLOSING OF SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
COMPREHENSIVE HEALTHCARE SYSTEMS INC. ANNOUNCES CLOSING OF SECOND TRANCHE OF NON-BROKERED PRIVATE...
About this update from Comprehensive Healthcare Systems Inc
[{"type":"text","content":"\n \n \n \n COMPREHENSIVE HEALTHCARE SYSTEMS INC. ANNOUNCES CLOSING OF SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n OR THROUGH U.S. NEWSWIRE SERVICES/\n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Nov. 29, 2022\n \n \n /CNW/\n \n -\n \n \n Comprehensive Healthcare Systems Inc.\n \n (TSXV: CHS) (the \"\n \n Company\n \n \" or \"\n \n CHS\n \n \") is pleased to announce that it has closed the second tranche (the \"\n \n Second Tranche\n \n \") of its non-brokered private placement (the \"\n \n Private Placement\n \n \") as previously announced on\n \n October 17, 2022\n \n and\n \n October 31, 2022\n \n . Under the Second Tranche, the Company issued 14,420,000 units of the company (the \"\n \n Units\n \n \") at a price of\n \n $0.05\n \n per Unit for gross proceeds of\n \n $721,000\n \n . Together with the first tranche of the Private Placement, which closed on\n \n October 31, 2022\n \n , the Company has issued a total of 29,400,000 Units, for aggregate gross proceeds of\n \n $1,470,000\n \n , under the Private Placement.\n \n \n Each Unit consists of one common share in the capital of CHS (a \"\n \n Share\n \n \") and a transferable common share purchase warrant (a \"\n \n Warrant\n \n \"). Each Warrant is exercisable for a period of 24 months from the date it was issued (the \"\n \n Exercise Period\n \n \"). Each Warrant entitles the holder to purchase one Share (a \"\n \n Warrant Share\n \n \") at a price of\n \n $0.10\n \n per Warrant Share for the first 12 months of the Exercise Period and at a price of\n \n $0.15\n \n per Warrant Share between 12 and 24 months of the Exercise Period.\n \n \n In connection with the closing of the Second Tranche, certain arm's length finders (collectively, the \"\n \n Finders\n \n \") received fees equal to 7% of the gross proceeds for certain subscribers that were brought by those Finders for an aggregate total of\n \n $17,465\n \n . Additiona...