Uniserve Communications Corporation: Closing of $0.05 Unit Private Placement
05 Juin 2014 - 7:52PM
Marketwired
Uniserve Communications Corporation: Closing of $0.05 Unit Private
Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 5, 2014) -
Uniserve Communications Corporation (the "Company")
(TSX-VENTURE:USS) wishes to announce that it has completed its
previously announced private placement (see press releases dated
March 4, 2014 and May 29, 2014) of 6,000,000 units (the "Units") at
a price of $0.05 per Unit for aggregate gross proceeds of $300,000
(the "Offering"). Each Unit consists of one common share in the
capital of the Company and one common share purchase warrant (a
"Warrant"). Every two Warrants surrendered entitles the holder to
purchase one additional common share of the Company (a "Share") for
a period of one year, expiring June 5, 2015, at the exercise price
of $0.05 per. The Company confirms the proceeds derived from this
financing remains for the intended use of general corporate and
development purposes and that no finder's fee was payable pursuant
thereto.
Uniserve Communications Corporation (TSX-VENTURE:USS) is a
leader in the integration and delivery of voice and data services
over multiple IP networks directly or through wholesale
partnerships to businesses and retail consumers throughout Canada.
Learn more at www.uniserve.com or at www.sedar.com. This news
release was prepared on behalf of the Board of Directors, which
accepts full responsibility for its contents.
Joseph Willmott, President & CEO
Neither TSX Venture Exchange nor its Regulations Services
Provider (as the term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release. Management has prepared this release and no
regulatory authority has approved or disapproved the information
contained herein. The statements contained in this news release
that are not historical facts are forward looking statements. Such
statements are based on management's estimates, assumptions and
projections using available information. Uniserve cautions that
actual financial results could differ materially from the current
expectations due to a number of factors.
Uniserve Communications CorporationInvestor & Corporate
Relations604-395-3922invest@uniserve.com
Uniserve Communications (TSXV:USS)
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