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Decisive Dividend Corporation Announces Closing of Private Placement for Gross Proceeds of Approximately $5 Million

(via Thenewswire.ca) Kelowna, British Columbia / TheNewswire / June 22, 2016 - Decisive ...

articleDecisive Dividend Corp.June 22, 20163/company/decisive-dividend-corp/news/decisive-dividend-corporation-announces-closing-of-private-placement-for-gross-proceeds-of-approximately-dollar5-million
Decisive Dividend Corporation Announces Closing of Private Placement for Gross Proceeds of Approximately $5 Million

About this update from Decisive Dividend Corp.

[{"type":"text","content":"Decisive Dividend Corporation Announces Closing of Private Placement for Gross Proceeds of Approximately $5 Million(via Thenewswire.ca)\n\n \nKelowna, British Columbia / TheNewswire / June 22, 2016 - Decisive Dividend Corporation (TSX-V: DE) (\"Decisive\" or the \"Corporation\"), a growth oriented acquisition company with its common shares (\"Common Shares\") listed on the TSX Venture Exchange (the \"TSXV\"), is pleased to announce the closing of its previously announced private placement (the \"Offering\") pursuant to which it issued (or will issue) an aggregate of 1,659,114 Common Shares for aggregate gross proceeds of $4,977,342.\n\n \n \nThe offering was led by Industrial Alliance Securities Inc. and Laurentian Bank Securities Inc. (collectively, the \"Agents\").\n\n \n \nThe Corporation intends to use the net proceeds of the Offering, together with the proceeds of a loan from its senior lender, to complete its previously announced acquisition of Unicast Inc., as more particularly described in its press release dated May 2, 2016.\n\n \n \nThe loan financing and acquisition of Unicast Inc. is expected to close on June 23, 2016 and the Corporation will make a further announcement following the completion of such acquisition. \n\n \n \nAbout Decisive Dividend Corporation\n\n \n \nThe Corporation owns the Blaze King group of companies and Unicast Inc. The Common Shares trade on the TSXV under the trading symbol \"DE\".\n\n \n \nThe TSXV has not in any way passed upon the merits of the Private Placement and has neither approved nor disapproved of the contents of this press release.\n\n \n \nFOR FURTHER INFORMATION PLEASE CONTACT: \n\n \n \nMr. David Redekop, Chief Financial Officer\n\n\n \n#104, 1420 St. Paul Street\n\n\n \nKelowna, BC V1Y 2E6\n\n\n \nTelephone: (250) 870-9146\n\n \n \nCautionary Statement\n\n \n \nForward-Looking Statements\n\n \n \nCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words \"could\", \"intend\", \"expect\", \"believe\", \"will\", \"projected\", \"estimated\" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on management's current beliefs, assumptions and expectations ...

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