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Published on 12/15/2009 in the Prospect News PIPE Daily.

New Issue: Investorfirst plans A$2.44 million private placement of ordinary stock

By Devika Patel

Knoxville, Tenn., Dec. 15 - Investorfirst Ltd. said it will raise about A$2.44 million in a private placement of shares.

The company will sell 24,393,056 ordinary shares.

Investorfirst is a financial market services provider in Sydney, Australia.

Issuer:Investorfirst Ltd.
Issue:Ordinary shares
Amount:A$2,439,000 (approximate)
Shares:24,393,056
Warrants:No
Settlement date:Dec. 15
Stock symbol:Australia: INQ
Stock price:A$0.125 at close Dec. 15

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