Flexible Electronics News

Ynvisible Announces Closing of $1.5M Non-brokered Private Placement

Private placement of 7,500,000 common shares of the company at $0.20 per share to raise gross proceeds of $1,500,000.

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By: Anthony Locicero

Copy editor, New York Post

Ynvisible Interactive Inc. said that it will be closing, subject to acceptance by the TSX Venture Exchange, a non-brokered private placement of 7,500,000 common shares of the company at $0.20 per share to raise gross proceeds of $1,500,000.   In connection with the Offering, the applicable finders’ fees will be (i) a cash commission in the aggregate amount of $23,100 to eligible finders, and (ii) the issuance of a total of 252,875 common shares in the capital of Ynvisible to eligible finders...

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