ProntoForms Closes $3.45 Million Private Placement
ProntoForms Corporation (TSX.V:PFM) is pleased to announce that it has closed the bought deal private placement financing announced on September 2, 2015 of 9,000,000 units, including the full exercise of the underwriters’ option, at an issue price of $0.30 per unit for aggregate gross proceeds to the company of $2,700,000. The Offering was led by Beacon Securities Limited and included Global Maxfin Capital Inc.
Concurrent with the offering, ProntoForms also completed a non-brokered private placement with certain insiders of the company of 2,500,000 units at the offering price for additional aggregate gross proceeds to the Company of $750,000.
LaBarge Weinstein acted as counsel to ProntoForms with a team that included Shane McLean and Brigitte LeBlanc-Lapointe.
