InvestorsHub Logo
Followers 4
Posts 650
Boards Moderated 0
Alias Born 06/13/2011

Re: Captain Cobec post# 10246

Wednesday, 07/10/2013 3:36:08 PM

Wednesday, July 10, 2013 3:36:08 PM

Post# of 11962
Sedar has an update from Montreux's filings:

Update of the Transaction:
The parties have agreed to extend a certain dates in the Letter Agreement, including the date to close a private placement (the “Bridge Raise”) of the Issuer’s pre-consolidated shares for net proceeds of a minimum amount of $150,000 (the “Minimum Amount”) and of a maximum amount of $300,000 at a price of $0.025 per share. The Issuer may close the Bridge Raise in multiple tranches provided that the first tranche is for at least the Minimum Amount. The date to complete the Bridge Raise has been extended to June 30, 2013.