Business
Fab-Form Announces $500,000 Private Placement
Delta, British Columbia--(Newsfile Corp. - October 31, 2017) - Fab-Form Industries Ltd. (TSXV:...
About this update from Fab-form Industries Ltd
[{"type":"text","content":"Fab-Form Announces $500,000 Private PlacementDelta, British Columbia--(Newsfile Corp. - October 31, 2017) - Fab-Form Industries Ltd. (TSXV: FBF) (\"Fab-Form\" or the \"Company\") is pleased to announce its intention to complete a non-brokered private placement of up to 1,000,000 units of the Company (the \"Units\") at a subscription price of $0.50 per Unit for aggregate gross proceeds of up to $500,000 (the \"Private Placement\"). Each Unit will consist of one common share of the Company (each, a \"Common Share\").All securities issued will be subject to a hold period that expires four months and a day from the closing date in accordance with the rules and policies of the TSX Venture Exchange (the \"TSXV\") and applicable Canadian securities laws.The proceeds of the Private Placement will be used for the development of the following patented products:ZAT BracketMonopour PrefabFast-Tube ClearAbout Fab-Form Industries Ltd.Fab-Form designs, develops and commercializes sustainable foundations for the construction industry.Contact InformationRick Fearn, [email protected] INDUSTRIES LTD.Unit 19, 1610 Derwent WayDelta, BC V3M 6W1604.596.3278 Ext 101http://www.fab-form.com/investor/privatePlacement.php Forward Looking StatementsCertain information included in this news release constitutes forward-looking information under applicable securities legislation.The Company does not intend to engage in a public offering of Units in the United States.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Fab-Form introduces three patented productsCannot view this image? Visit:http://orders.newsfilecorp.com/files/814/30064_a1509389366172_57.jpg\n\t\t\t\n\t\t\t\tcopyright (c) newsfile corp. 2017\n\t\t\t\n ","length":2753,"tagName":"div"}]