Mr. Ric Rumble reports
TSO3 ANNOUNCES FULL EXERCISE OF UNDERWRITERS' OPTION TO PURCHASE ADDITIONAL UNITS
In relation to the placement of units on a bought-deal basis announced earlier, the underwriters have exercised their option to purchase an additional 1.2 million TSO3 Inc. units at a price of $1.25 per unit. TSO3 will receive additional gross proceeds of $1.5-million from the exercise of the option, increasing the total size of the offering to $11.5-million. Closing of the option is expected to occur concurrent with the closing of the offering on or about March 5, 2015.
We seek Safe Harbor.
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