Business
GlobeeCom International Inc. announces the second and last closing of a private placement
GlobeeCom International Inc. announces the second and last closing of a private placement.
About this update from Greenbank Capital Inc.
[{"type":"text","content":"\n\n\n\n\nTROIS-RIVIERES, Jan. 31 /CNW Telbec/ - GLOBEECOM INTERNATIONAL INC.\n(\"GlobeeCom\" or the \"Company\") (TSX Venture Exchange: GBC) announces that it\ncompleted a second and last closing of a private placement, announced on\nJanuary 3, 2006, of a maximum of 2,502,222 units, at a price of $0.18 per\nunit, each unit being composed of one (1) Common Share and one (1) Warrant;\neach such Warrant may be converted into one (1) Common Share of the Company,\nat a price of $0.18 per share, for a period of two years after their\nrespective issue. At such second closing, a total number of 833,333 units were\nissued for a total amount of $150,000. SociDetDe Innovatech QuDebec et ChaudiGere-\nAppalaches, an insider of the Company, subscribed for a total amount of\n$100,000 in units. These securities can not be sold or otherwise transferred\nbefore June 1st, 2006, except without the prior written approval of the TSX\nVenture Exchange.\nFurther to this last closing, the number of Common Shares increased to\n19,855,913 Common Shares and 833,333 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 positions itself at a point of market\nconvergence between the PC and the new generations of fixed and cellular\ntelephony, thanks, amongst other things, to its GlobeMeeting(R) technology.\nIts mission is to promote and market technological solutions with a view\nto optimizing organizational and institutional communication logistics, using\nan IP network. Its technologies mean that it can make use of clients'\nbandwidths and help them minimize their operating costs by providing a\ncommunications technology that will soon become the automatic choice when\nreplacing standard PSTN.\n\nThe prospective declarations contained in this release are associated\nwith known and unknown risks, uncertainties and other factors that may\ntranslate into a significant difference between the results, performance and\nactual achievements of the Company and the future results, performance or\nachievements expressed or implied by these prospective facts.\n\nThe TSX Venture Exchange Inc. accepts no liability as to the relevance or\naccuracy of the present press release.\n%SEDAR: 00016857EF\n\n\n","length":2370,"tagName":...