Brief: Dealnet Announces $12 Mln Private Placement Of 6 Pct Secured Non-Convertible Debentures

Chesswood

18/12/2017 12:30

Dec 18 (Reuters) - Dealnet Capital Corp  DLS.V : 
    * DEALNET ANNOUNCES $12 MILLION PRIVATE PLACEMENT OF 6 % 
SECURED 
NON-CONVERTIBLE DEBENTURES 
    * DEALNET CAPITAL - PROCEEDS WILL BE USED TO FUND CO'S 2018 
GROWTH 
ORIENTED BUSINESS PLAN 
    * DEALNET CAPITAL - PROCEEDS WILL ALSO BE USED FOR REPAYMENT 
OF 
CO'S $2.5 MILLION CONVERTIBLE DEBENTURE OWING TO CHESSWOOD GROUP 
DUE FEB 2018 
 
Source text for Eikon:  ID:nCNW3jx2xa  
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