Business
GlobeeCom International Inc. announces the first closing of a private placement
GlobeeCom International Inc. announces the first closing of a private placement.

About this update from Greenbank Capital Inc.
[{"type":"text","content":"\n\n\n\n\nTROIS-RIVIERES, Jan. 6 /CNW Telbec/ - GLOBEECOM INTERNATIONAL INC.\n(\"GlobeeCom\" or the \"Company\") (TSX Venture Exchange: GBC) announces that it\ncompleted a first closing of a private placement, announced on January 3,\n2006, of a maximum of 2,502,222 units, at a price of $0.18 per unit, each unit\nbeing composed of one (1) Common Share and one (1) Warrant; each such Warrant\nmay be converted into one (1) Common Share of the Company, at a price of $0.18\nper share, for a period of two years after their respective issue. At such\nfirst closing, a total number of 1, 660,888 units were issued for a total\namount of $300,400. SociDetDe Innovatech QuDebec et ChaudiGere-Appalaches, an\ninsider of the Company subscribed for a total amount of $200,000. These\nsecurities can not be sold or otherwise transferred before May 7, 2006, except\nwithout the prior written approval of the TSX Venture Exchange. A second\nclosing, for the balance, is scheduled on or about January 27, 2006.\nFurther to this first closing, the number of Common Shares increased to\n19,022,580 Common Shares and 1,660,888 Warrants were added to those already\noutstanding.\n\nABOUT GLOBEECOM INTERNATIONAL INC.\n\nGlobeeCom International Inc. is a company specialized in the development\nof on-line software solutions. It has been positioning itself on the market of\nconverging technologies, bringing together PCs and new generation fixed and\ncellular telephony via its GlobeMeeting(R) technology.\nIts mission is to market technological solutions with a view to\noptimizing company-wide communications logistics over IP networks. Established\non both North American and European markets, GlobeeCom is positioning itself\nas a strategic partner and services provider.\n\nForward-looking statements contained in this Press Release involve known\nand unknown risks, uncertainties and other factors that may cause actual\nresults, performance and achievements of the Company to be materially\ndifferent from any future results, performance or achievements expressed or\nimplied by the said forward-looking statements.\n\nTSX Venture Exchange Inc. accepts no liability regarding the relevance or\naccuracy of this Press Release.\n%SEDAR: 00016857EF\n\n\n","length":2271,"tagName":"div"}]