Aquarius Surgical Technologies Announces Proposed Placement

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Aug 09, 2019
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TORONTO, ON / ACCESSWIRE / August 9, 2019 / Aquarius Surgical Technologies Inc. (ASTI: CSE) announces that it is initiating a non-brokered Private Placement offering of Units to raise a minimum of $500,000 and up to a maximum of $2.5 million from accredited investors. Each Unit in this proposed placement will be priced at $0.35, and will comprise one fully paid common share and one-half of a share purchase warrant; each whole share purchase warrant will entitle the holder to purchase one additional share at a price of $0.70 during the period up to thirty months from the closing date of the placement. Closing of the proposed new Placement Offering is subject to all relevant regulatory and other consents and approvals.