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Wi2Wi Announces Extension of Private Placement Offering
Wi2Wi Announces Extension of Private Placement Offering Toronto, Ontario, January 16, 2014 ...
About this update from Wi2wi Corp.
[{"type":"text","content":"Wi2Wi Announces Extension of Private Placement OfferingWi2Wi Announces Extension of Private Placement Offering\n\nToronto, Ontario, January 16, 2014 /FSC/ - Wi2Wi Inc. (YTY - TSX Venture), (\"Wi2Wi\" or the \"Company\") today announced the extension of the closing of its private placement offering of up to C$4,000,000 (the \"Offering\").  The Company previously announced the Offering on November 7, 2013 and announced the pricing of the Offering on November 18, 2013.   The Offering will now close on or before February 14, 2014.  The Company previously announced that the Offering would be made on a best efforts fully marketed private placement basis, but it will now be made on a non-brokered basis.  All other terms and conditions of the Offering remain unchanged (see press release dated November 18, 2013). \n\nAbout Wi2Wi\n\nWi2Wi is a leader in industrial-class WiFi, WiFi-Bluetooth and GPS system-in-a-package (SiPs). Wi2Wi focuses on industrial (including Automotive), medical, infrastructure (including smart-home/smart building) and government markets worldwide. Wi2Wi's products and value-added services provide highly integrated, multifunctional wireless sub systems as complete wireless connectivity solutions for the Machine-to-Machine (M2M) and portable device applications globally.  The Wi2Wi product range is designed for long life and under a wide range of temperature variables.\n\nFor further information, please contact:\n\nDr. Reza Ahy\n\nChief Executive Officer\n\n(408) 416-4200\[email protected] \n\nDISCLAIMERS:  Forward-Looking Statements:  This news release contains certain forward-looking statements, including statements relating to the closing of the proposed Offering and use of proceeds thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, risks associated with delays resulting from or inability to obtain required regulatory approvals, ability to access sufficient capital, the impact of general economic conditions in Canada, the United States and overseas, industry conditions and stock market volatility. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied b...