Business
C Level Bio International Holding Inc. announces the Closing of Its Initial Public Offering in Quebec, Ontario, Alberta and British Columbia.
C Level Bio International Holding Inc. announces the Closing of Its Initial Public Offering in Quebec, Ontario, Alberta and British Columbia..
About this update from Urz3 Energy Corp.
[{"type":"text","content":"\n\n\n\n\nMONTREAL, Oct. 2 /CNW Telbec/ - C Level Bio International Holding Inc.\n(\"C Level\"), a Capital Pool Company, is pleased to announce the closing of its\ninitial public offering of 6,500,000 Common Shares at a price of $0.10 per\nshare for a total amount of $650,000 to investors in Quebec, Ontario, Alberta\nand British Columbia. Canaccord Adams (\"Canaccord\") acted as agent for\nC Level. As a result of this issuance, C Level has 16,500,000 common shares\nissued and outstanding. C Level also granted options to acquire an aggregate\nof 1,650,000 common shares at an exercise price of $0.10 per share to\ndirectors and officers of C Level and an agent's option to acquire an\naggregate of 650,000 common shares at an exercise price of $0.10 per share for\na period of 24 months to Canaccord. Canaccord also received an administration\nfee and a cash commission equal to 10% of the proceeds of the offering.\nIn accordance with Policy 2.4 of the TSX Venture Exchange Inc. (the\n\"TSX V\"), the common shares of C Level will be admitted for trading on the\nTSX V under the ticker symbol CLV.P at the opening of the market on October 3,\n2006.\n\nAbout C Level\n\nC Level will immediately commence identifying and evaluating firms and\nassets with a view to completing a qualifying transaction as provided in\nPolicy 2.4 of the TSX V. C Level wishes to complete a qualifying transaction,\nsubject to regulatory approval, primarily within the Life Sciences industry,\nwithout, however, excluding the possibility of affecting such a transaction\nwithin a different sector of activity.\n\nThe TSX Venture Exchange Inc. does not accept responsibility for the\nadequacy or accuracy of this press release.\n\n\n","length":1751,"tagName":"div"}]