20:50:09 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Global Remote Technologies Ltd
Symbol RGT
Shares Issued 30,747,658
Close 2015-06-30 C$ 0.24
Market Cap C$ 7,379,438
Recent Sedar Documents

Global Remote closes $125,660 private placement

2015-07-03 17:37 ET - News Release

Mr. Chris Dorris reports

GLOBAL REMOTE TECHNOLOGIES CLOSES UNIT PRIVATE PLACEMENT

Global Remote Technologies Ltd. has closed a private placement of 1,256,600 units at a price of 10 cents per unit for aggregate gross proceeds of $125,660 ($100,000 (U.S.)). The proceeds will be used for general working capital purposes. The private placement, announced on June 30, 2015, had a maximum offering of 1.25 million units. The final number of units issued on the closing of the private placement included an overallotment of 6,600 units due to foreign currency exchange.

Each unit comprises one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one share at a price of 24 cents per share for a period of two years from the date of issuance.

All securities issued under the private placement are subject to a four-month hold period.

We seek Safe Harbor.

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