By Sheri Kasprzak
New York, July 11 - Forum National Investments Ltd. completed a $3.5 million private placement of stock.
The company sold 3.5 million shares in the deal to Aliya Life Settlement International, LLC.
The company sold $2.75 million in shares to Aliya recently.
Vancouver, B.C.-based Forum National is an insurance company.
Issuer: | Forum National Investments Ltd.
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Issue: | Stock
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Amount: | $3.5 million
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Shares: | 3.5 million
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Price: | $1.00
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Warrants: | No
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Investor: | Aliya Life Settlement International, LLC
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Settlement date: | July 11
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Stock symbol: | Pink Sheets: FMNLF
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Stock price: | $3.52 at close July 11
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