22:19:50 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Big Rock Labs Inc
Symbol BLA
Shares Issued 18,730,000
Close 2015-10-02 C$ 0.26
Market Cap C$ 4,869,800
Recent Sedar Documents

Big Rock Labs arranges $300,000 private placement

2015-10-05 14:26 ET - News Release

Mr. Matt Kaine reports

BIG ROCK LABS ANNOUNCES PROPOSED PRIVATE PLACEMENT OF UNITS

Big Rock Labs Inc. has approved a non-brokered private placement to offer up to 1.5 million units at a price of 20 cents per unit for gross proceeds of up to $300,000.

Each unit will consist of one common share and one warrant exercisable to purchase one additional common share at a price of 26 cents per share for a period of five years after the issuance date.

The company plans to close this financing by end of business on Oct. 9, 2015. Big Rock plans to use the proceeds from the private placement for product development, sales and marketing, acquisitions, and general working capital purposes.

The shares and any warrant shares issued upon exercise of the warrants will be subject to a four-months-and-one-day resale restriction following the date of distribution under applicable Canadian provincial securities laws.

We seek Safe Harbor.

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