Business
Resin Systems raises $4.1 million from the exercise of common share purchase warrants
Resin Systems raises $4.1 million from the exercise of common share purchase warrants.
About this update from Real Estate Split Corp Class A
[{"type":"text","content":"\n\n\n\n\nEDMONTON, Feb. 15 /CNW/ - Resin Systems Inc. (RS - TSX / RSSYF - OTCBB),\na composite material products technology company (\"RS\"), announced today that\nit has issued 2,066,116 common shares of RS pursuant to the exercise of common\nshare purchase warrants of RS at an exercise price of $2.00 per share for\ntotal gross proceeds of $4,132,232. The common share purchase warrants of RS\nwere originally issued pursuant to a private placement of units of RS\ncompleted on February 14, 2005.\n\nAbout RS\n\nRS provides engineered solutions in advanced materials for large scale\napplications in the industrial and commercial sectors. The foundation of RS is\ncontinuous innovation, product development and its proprietary Version(TM)\nresin system. The company's engineered solutions are developed and implemented\nin three distinct technology platforms: filament winding, pultrusion and\nmoulding. To date RS has successfully developed the RStandard(TM) modular\ncomposite transmission and distribution structure, using filament winding. RS\nis currently developing pultrusion and moulding applications. RS has won two\nawards from the American Composites Manufacturers Association (ACMA) for the\nRStandard modular composite utility pole, on its design and manufacturing\nprocess. For the latest on the company's developments, click on \"Latest News\"\non www.grouprsi.com.\n\"Version\" and \"RStandard\" are trademarks of Resin Systems Inc.\n\n\n","length":1496,"tagName":"div"}]