LAVAL, Québec, Aug. 30, 2018 (GLOBE NEWSWIRE) -- Urbanimmersive Inc. ("Urbanimmersive" or the "Corporation") (TSX VENTURE: UI.V) (OTC PINK: UBMRF), the real estate content marketing platform, is pleased to announce that it closed on August 30, 2018 a second tranche private placement of convertible debentures for gross proceeds of $140,000 (the "Second Tranche Private Placement"). A first tranche private placement of convertible debentures and units for gross proceeds of $2,461,500 (the "First Tranche Private Placement", and together with the Second Tranche Private Placement, the "Private Placement") closed on July 30, 2018. The Private Placement was made in connection with the acquisition of Tourbuzz, LLC by the Corporation (the "Acquisition").
Urbanimmersive Announces the Closing of a Second Tranche Private Placement of Convertible Debentures
Aug 30, 2018
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