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COMPREHENSIVE HEALTHCARE SYSTEMS INC. ANNOUNCES CLOSING OF THIRD AND FINAL TRANCHE OF PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT
COMPREHENSIVE HEALTHCARE SYSTEMS INC. ANNOUNCES CLOSING OF THIRD AND FINAL TRANCHE OF PREVIOUSLY ...
About this update from Comprehensive Healthcare Systems Inc
[{"type":"text","content":"\n \n \n \n COMPREHENSIVE HEALTHCARE SYSTEMS INC. ANNOUNCES CLOSING OF THIRD AND FINAL TRANCHE OF PREVIOUSLY ANNOUNCED 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 Dec. 12, 2022\n \n \n /CNW/ -\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 third and final tranche (the \"\n \n Final 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 ,\n \n October 31, 2022\n \n and\n \n November 29, 2022\n \n . Under the Final Tranche, the Company issued 5,400,000 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 $270,000\n \n . Together with the first tranche and second tranche of the Private Placement, which closed on\n \n October 31, 2022\n \n and\n \n November 29, 2022\n \n , respectively, the Company has issued a total of 34,800,000 Units, for aggregate gross proceeds of\n \n $1,740,000\n \n , under the Private Placement. Due to substantial investor demand, CHS received approval from the TSX Venture Exchange to partially increase the size of its initially announced\n \n $1,500,000\n \n Private Placement to\n \n $1,750,000\n \n .\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 a...