Today: October 25, 2016, 1:40 am

Viscount Announces Completion of $1,510,200 Private Placement 2014-04-02 00:21:43
Burnaby, British Columbia CANADA, April 01, 2014 /FSC/ - Viscount Systems Inc. (VSYS - OTCQX),announces that it has completed a private placement of 16,779,998 shares of common stock at a price of $0.09 per share for total proceeds of $1,510,200. The Company also issued a total of 8,389,995 warrants, each warrant exercisable to acquire an additional share of the Company at an exercise price of $0.20 per share for a period of five years from the closing date. Pickwick Capital Partners, LLC acted as the placement agent for the transaction. The proceeds from the sale of the units will be applied towards general working capital purposes.

The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

For more information, contact:

Viscount Systems, Inc.
Dennis Raefield, President
Telephone: (604) 327-9446

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States.

To view the press release as a PDF, please click on the following link:

Source: Viscount Systems Inc. (OTCQB:VSYS)
Maximum News Dissemination by FSCwire.

Press Information

Published by
Fred Gautreau

# 242 Words
Related Articles
More From Business
Companies shifting more R&D spending away from [..]
Companies who allocated more of their R&D budgets to software offerings reported significantly faster revenue growth than [..]
Ameren Corporation Third Quarter 2016 Earnings Webcast [..]
ST. LOUIS, Oct. 24, 2016 - Warner L. Baxter, chairman, president and CEO of Ameren Corp. (NYSE:AEE), will join Martin [..]
Sword Group: 2016 Third Quarterly Results - [..]
Sword Group 2016 Third Quarterly Results Revenue: Euros39.7 M EBITDA Margin: 15.2 % Organic Growth: + 17.2 % (at constant [..]
MakeMyTrip Limited to Report Fiscal 2017 Second [..]
New Delhi and New York, October 24, 2016 MakeMyTrip Limited (Nasdaq:MMYT), India's leading online travel company, plans to [..]
Wereldhave N.V.: Change to the organisation of [..]
Erik Schmit will step down as a director of Wereldhave Netherlands with effect from November 1, 2016. He joined Wereldhave [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.