InvestorsHub Logo
Followers 2768
Posts 77901
Boards Moderated 1
Alias Born 05/10/2007

Re: iamadog post# 38908

Thursday, 09/20/2012 10:34:01 PM

Thursday, September 20, 2012 10:34:01 PM

Post# of 49606
So you have some fresh inventory to chew through now I just saw, 44 million combined shares and warrants priced 2 to 3 cents...unit price of two cents per share. The common share purchase warrants are exercisable into one common share of Sarissa for a period of two years at an exercise price of three cents. The Units were sold under applicable securities laws on a private placement basis, and the resulting Shares and warrants are therefore subject to a minimum four month hold period under applicable Canadian securities laws, as well as any longer hold period that may be prescribed under U.S. securities laws. Total proceeds of the financing were $447,500 through the placement of 22,375,000 Units at a price of $0.02 per Unit.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.