Business
Route1 Inc. Announces Private Placement
Route1 Inc. Announces Private Placement.
About this update from Route1 Inc.
[{"type":"text","content":"\n\n\n\n\nTORONTO, Feb. 10 /CNW/ - Route1 Inc. (TSX-V: ROI) announced today that it\nhas entered into an agreement with Westwind Partners Inc. (\"Westwind\")\npursuant to which Westwind has agreed to act as exclusive agent, on a best\nefforts basis, in connection with a private placement of units or other\nsecurities of Route1.\nThe private placement is subject to certain conditions, including, but\nnot limited to, satisfactory due diligence, the execution of an agency\nagreement, the execution of subscription agreements with the subscribers and\nthe receipt of all necessary regulatory approvals.\n\nAbout Route1 Inc.\n\nRoute1 is an innovator in secure, mobile-thin clients. The Company's Mobi\nSolution bridges the gap between business agility and data security allowing\nindividuals and organizations to assuredly support their mobile office,\nregulatory compliance, business growth and business continuity needs. Route1's\nsolution consists of unique mobile devices and software integrated with a\nmanaged secure connectivity service. The Company is listed on the TSX Venture\nExchange (symbol: ROI) with offices in Toronto and New York.\n\nThis news release does not constitute an offer to sell or a solicitation\nof an offer to buy any of the securities in the United States. The securities\nhave not been and will not be registered under the United States Securities\nAct of 1933, as amended (the \"U.S. Securities Act\") or any state securities\nlaws and may not be offered or sold within the United States or to U.S.\nPersons unless registered under the U.S. Securities Act and applicable state\nsecurities laws or an exemption from such registration is available.\n\nThe TSX Venture Exchange has not reviewed or approved the contents of\nthis press release and does not accept responsibility for the adequacy or\naccuracy of this press release.\n\n\n","length":1901,"tagName":"div"}]