Home : February 2015 : February 20, 2015 News : Loma Vista Announces Completion of BitGold's Concurrent C$7,000,000 Financing in Connection with Proposed Business Combination |
Loma Vista Announces Completion of BitGold's Concurrent C$7,000,000 Financing in Connection with Proposed Business Combination |
February 20, 2015
TORONTO, ONTARIO--(Marketwired - Feb. 19, 2015) - Loma Vista Capital Inc. ("Loma Vista" or the "Company") (CSE:LOV) is pleased to announce, further to its news release dated January 28, 2015, that BitGold Inc. ("BitGold") has closed its previously announced private placement of subscription receipts (the "Subscription Receipts") co-led by Dundee Securities Ltd. ("Dundee"), Clarus Securities Inc., GMP Securities L.P. and Canaccord Genuity Corp. (collectively, the "Agents"), whereby BitGold issued 7,777,777 Subscription Receipts at a price of C$0.90 per Subscription Receipt for aggregate gross proceeds of $6,999,999.30 (the "Offering"). PowerOne Capital Markets Limited acted as financial advisor with respect to the transactions described in this news release.
http://www.marketwired.com/mw/release.do?id=1993284&sourceType=3
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