Business
Enablence Technologies Prices Equity Financing
Enablence Technologies Prices Equity Financing
About this update from Enablence Technologies Inc.
[{"type":"text","content":"\n\n\n\n Nov. 23, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES\n WIRE SERVICES/\n\n\nOTTAWA, Nov. 23 /CNW/ - Enablence Technologies Inc. ("Enablence" or the\n "Company") (TSX-V: ENA) announces that, further to its press release on\n November 22, 2010 announcing a best efforts offering of common shares\n (the "Offering"), it has priced the Offering at $0.58 per common share.\n\n\nThe net proceeds from the Offering will be used for general corporate\n and working capital purposes, as more particularly set out in the\n Company's preliminary short form prospectus dated November 22, 2010.\n\n\nThe Offering is scheduled to close on or about December 6, 2010 and is\n subject to certain conditions including, but not limited to, the\n receipt of all necessary approvals, including the approval of the TSX\n Venture Exchange.\n\n\nThis press release is not an offer to sell or the solicitation of an\n offer to buy the securities in any jurisdiction in which such offer,\n solicitation or sale would be unlawful prior to qualification or\n registration under the securities laws of such jurisdiction. The\n securities being offered have not been, nor will they be, registered\n under the United States Securities Act of 1933, as amended, and such\n securities may not be offered or sold within the United States or to,\n or for the account or benefit of, U.S. persons absent registration or\n an appl...