Source: GlobeNewswire (MIL-OSI)
TORONTO, May 31, 2021 (GLOBE NEWSWIRE) iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced that it has received the second tranche of $100,000 towards the completion of its previously announced non-brokered offering (“Offering”) for aggregate gross proceeds of $400,000.
Under the terms of the Offering the Company will issue 8 million Units at a price of $0.05 per Unit. Each Unit consists of one Common Share of the Company (each a “Common Share” and collectively, the “Common Shares”) and one common share purchase warrant (each warrant referred to herein as a “Warrant” and collectively, the “Warrants”). Each Warrant will entitle the holder to purchase one Common Share at a price of $0.075 for a period of 24 months from the date of closing. All securities issued would be subject to a four month
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TORONTO, Jan. 26, 2021 (GLOBE NEWSWIRE) iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced that it has closed the second tranche (the “
Second Tranche”) of its previously announced non-brokered private placement (“
Placement”) of up to $236,700.
The Company completed the Second Tranche of the Placement for total gross proceeds of $20,000 by issuing 400,000 Units (“
Units”) at a price of $0.05 per Unit. Each Unit consists of one Common Share of the Company (each a “
Common Share”, collectively, the “
Warrant” and collectively, the “
Warrants”). Each Warrant entitles the holder to purchase one Common Share at a price of $0.075 for a period of 24 months from the date of closing. All securities are subject to a four month hold period.