Business
Close of US Placing
Close of US Placing.
About this update from Mycelx Technologies Corp.
[{"type":"text","content":"\n \nRNS Number : 2238B MyCelx Technologies Corporation 05 January 2015 \n \n\nNot for release, publication or distribution directly or indirectly, in whole or in part, in or into or from the United States of America, its territories and possessions, any state of the United States, and the District of Columbia (collectively, the \"United States\"), Canada, Australia, the Republic of South Africa, the Republic of Ireland or Japan or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. \n \nThis press release does not constitute or form a part of, and should not be construed as, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in MYCELX Technologies Corporation (\"MYCELX\" or the \"Company\"). \n \nTHE COMPANY'S COMMON SHARES HAVE NOT BEEN REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE \"US SECURITIES ACT\") OR ANY STATE SECURITIES LAWS (THE \"STATE ACTS\") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF US PERSONS UNLESS THE SECURITIES ARE REGISTERED UNDER THE US SECURITIES ACT AND ANY APPLICABLE STATE ACTS, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE US SECURITIES ACT AND ANY APPLICABLE STATE ACTS IS AVAILABLE. HEDGING TRANSACTIONS INVOLVING THE COMPANY'S COMMON SHARES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE US SECURITIES ACT.\n \nMYCELX Technologies Corporation\n \n(\"MYCELX\" or the \"Company\") (AIM: MYX)\n5 January 2015\n \nClose of US Placing\n \nFurther to the announcement of the 2nd December 2014, MYCELX Technologies Corporation (AIM: MYX) today announces the second closing of the US private placement (the \"US Placing\") of shares of common stock of US$0.025 par value (\"Common Shares\"), in accordance with Regulation D of the US Securities Act of 1933, as amended (\"Regulation D\"), on 31 December 2014. At the US Placing's second closing the Company has received commitments to subscribe for 78,977 Common Shares at a price of US$2.35 (150 pence) per new share raising US$185,596, in addition to the commitments to subscribe for 468,773 Common Shares raising $1,101,617 at a price of US$2.35 (150 pence) per new share at the time of the first closing on the 9th December 2014. ...