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Enter Symbol
or Name
USA
CA



Big Rock Labs Inc
Symbol BLA
Shares Issued 18,300,000
Close 2014-10-30 C$ 1.12
Market Cap C$ 20,496,000
Recent Sedar Documents

ORIGINAL: Big Rock Labs closes $301,000 private placement

2014-10-31 13:27 ET - News Release

Received by email:

File: Big_Rock_Labs_Inc_PR_31102014.docx

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Big Rock Labs Closes Private Placement of Units

Toronto, ON - October 31, 2014 - Big Rock Labs Inc. ("Big Rock" or the "Company") (CSE: BLA) (FSE: BR1) has successful
--->ly closed its non-brokered private placement announced on October 17, 2014 and on October 23, 2014. The Company has ra
--->ised gross proceeds of C$301,000 through the issuance of 430,000 units at a price of C$0.70 per unit.

Each unit consists of one common share and one warrant exercisable to purchase one additional common share at a price 
--->of C$1.00 per share for a period of 5 years after the issuance date.

Big Rock plans to use the proceeds from the private placement for product development, sales and marketing, acquisitio
--->ns and general working capital purposes.

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

About the Company
Big Rock Labs (CSE: BLA) (FSE: BR1) is an emerging Canadian technology company that specializes in digital product res
--->earch and development. The Company is currently developing two iPhone, iPad and Android apps to capitalize on the fast
--->-growing sharing economy: Reach and Hostello. Big Rock has a team of expert software engineers who create disruptive p
--->roducts that engage and retain users through unique experiences. The Company is led by seasoned entrepreneurs Karl Paw
--->lowicz and Harald Seemann. In addition, Big Rock has retained experienced tech advisor and mentor Matthew Kaine. Next 
--->to being CMO at Big Rock, he is actively involved in the Digital Media Zone at Ryerson University and the MaRS Discove
--->ry District in Toronto. Further information about Big Rock Labs is available at www.bigrocklabs.com and on the CSE web
--->site: www.thecse.com 

Investor and Public Relations Contact 
Big Rock Labs Inc.
Harald Seemann
Chief Financial Officer
Telephone: +1.416.879.1989
Email: ir@bigrocklabs.com 
Website: www.bigrocklabs.com
Twitter: www.twitter.com/bigrocklabs 

The CSE has not reviewed, nor approved or disapproved the content of this press release

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities des
--->cribed herein in the United States. The securities described herein have not been and will not be registered under the
---> United States Securities Act of 1933, as amended, or any applicable securities laws or any state of the United States
---> and may not be offered or sold in the United States or to the account or benefit of a person in the United States abs
--->ent an exemption from the registration requirements.

Forward-Looking Information
This press release may include forward-looking information within the meaning of Canadian securities legislation conce
--->rning the business of the Company. Forward-looking information is based on certain key expectations and assumptions ma
--->de by the management of the Company, including future plans for development of technologies by the Company. Although t
--->he Company believes that the expectations and assumptions on which such forward-looking information is based are reaso
--->nable, undue reliance should not be placed on the forward-looking information because the Company can give no assuranc
--->e that they will prove to be correct. Forward-looking statements contained in this press release are made as of the da
--->te of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking inform
--->ation, whether as a result of new information, future events or results or otherwise, other than as required by applic
--->able securities laws.





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