Business
VIQ Solutions Announces Private Placement
VIQ Solutions Announces Private Placement.
About this update from Viq Solutions Inc.
[{"type":"text","content":"\n\n\n\n\nMARKHAM, ON, April 27 /CNW/ - VIQ Solutions Inc. (\"VIQ Solutions\" or the\n\"Corporation\") (TSX Venture: VQS) is pleased to announce, subject to final\napproval of the TSX Venture Exchange, that it has completed a non-brokered\nprivate placement financing of 3,090,000 common shares at $0.19 per share for\naggregate gross proceeds of $587,100. Proceeds of the private placement will\nbe used for general working capital purposes.\nThe securities, issued under the private placement to institutional and\naccredited investors, are subject to a four month resale restriction that\nremains in effect until August 12, 2006.\n\nAbout VIQ Solutions Inc.\n\nVIQ Solutions is recognized as a global provider in the digital audio\nindustry with innovative product and service-based solutions for voice-driven\nsystems in the legal, medical, business, and government industries. VIQ\nSolutions provides an integrated range of digital record workflow solutions,\nincluding digital audio and video capture, workflow management software,\ntranscription services, interactive electronic scheduling, and case management\nintegration, all from one central, secure database.\n\nForward-looking Statements\n\nThis press release contains forward-looking statements that involve risks\nand uncertainties, which may cause actual results to differ materially from\nthe statements made. When used in this press release, the words \"anticipate,\"\n\"believe,\" \"could,\" \"estimate,\" \"expect,\" \"intend,\" \"may,\" \"plan,\" \"will,\" and\n\"would\" and similar expressions are intended to identify forward-looking\nstatements. Such statements reflect VIQ Solutions Inc.'s current views with\nrespect to future events and are subject to such risks and uncertainties. Many\nfactors could cause our actual results to differ materially from the\nstatements made including those factors detailed from time to time in filings\nmade by VIQ Solutions Inc. with Canadian securities regulatory authorities.\nShould one or more of these risks or uncertainties materialize, or should\nassumptions underlying the forward-looking statements prove incorrect, actual\nresults may vary materially from those described herein as intended, planned,\nanticipated or expected. VIQ Solutions Inc. does not intend and does not\nassume any obligation to update these forward-looking statements.\n\nTh...