By Devika Patel
Knoxville, Tenn., April 22 - 222 Pizza Express Corp. completed a C$1.5 million private placement of units, which priced on March 28.
The company sold 30 million units at C$0.05 apiece. Each unit consists of one common share and one warrant, with each warrant exercisable at C$0.10 for one year.
222 Pizza Express is based in Vancouver, B.C.
| Issuer: | 222 Pizza Express Corp.
|
| Issue: | Units of one common share and one warrant
|
| Amount: | C$1.5 million
|
| Units: | 30 million
|
| Price: | C$0.05
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | One year
|
| Warrant strike price: | C$0.10
|
| Pricing date: | March 28
|
| Settlement date: | April 22
|
| Stock symbol: | TSX Venture: PIZ.H
|
| Stock price: | C$0.345 at close April 21
|
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