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Enter Symbol
or Name
USA
CA



NeutriSci International Inc
Symbol NU
Shares Issued 40,886,362
Close 2015-09-30 C$ 0.165
Market Cap C$ 6,746,250
Recent Sedar Documents

NeutriSci International closes $310,020 private placement

2015-09-30 19:03 ET - News Release

Mr. Glen Rehman reports

NEUTRISCI CLOSES PRIVATE PLACEMENT

NeutriSci International Inc. has completed a non-brokered private placement in which it raised gross proceeds of $310,020.

In connection with the offering, NeutriSci issued 1,722,333 units at a price of 18 cents per unit, with each unit consisting of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at a price of 25 cents per share for a period of 24 months from the date of closing.

All securities issued in connection with the private placement are subject to a hold period until Feb. 1, 2016. In connection with closing, the company has paid a cash finder's fee of $4,200 for subscriptions from qualified investors introduced to the company.

The company intends to use the proceeds of the financing for marketing of NeuEnergy and for general working capital purposes.

NeutriSci's president, Glen Rehman, stated: "We are very pleased with the traction that our sales team has achieved within the retail distribution channels for NeuEnergy. Our marketing strategy continues to focus on the fact that we are leading the change in consumer-related energy products by providing consumers with a much-needed alternative to highly caffeinated energy products."

We seek Safe Harbor.

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