Business
Monexa engages M Partners Inc. and Versant Partners Inc. to carry out $3,000,000 financing
Jul. 5, 2011 (Canada NewsWire Group) -- VANCOUVER, July 5, 2011 /CNW/ - Monexa Technologies ...
About this update from Santa Rosa Resources Corp.
[{"type":"text","content":"\n\n\n Jul. 5, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, July 5, 2011 /CNW/ - Monexa Technologies Corp. (TSX Venture: MXA) ("Monexa" or the "Company") is pleased to announce that it has entered into an agreement with M\n Partners Inc. and Versant Partners Inc. (together, the "Agents") to act as agents, on a best efforts basis, for a brokered private\n placement (the "Offering") of up to 23,076,923 units (the "Units") at $0.13 per Unit for aggregate gross proceeds to the Company of up\n to $3,000,000.\n\n\nEach Unit will consist of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole\n warrant, a "Warrant").  Each Warrant will entitle the holder thereof to acquire one Common\n Share of the Company at an exercise price of $0.20 per Common Share for\n a period of 12 months from the closing date.\n\n\nThe net proceeds from the Offering will be used by the Company for\n working capital and general corporate purposes.\n\n\nIn connection with the Offering, a cash commission of 7% of the\n aggregate gross proceeds arising therefrom will be paid to the Agents. \n In addition, upon closing of the Offering, the Agents will receive such\n number of non-transferable warrants (the "Compensation Warrants"), equal to 7% of the total number of Units issued in connection with\n the Offering.  Each Compensation Warrant will be ...