Dec 13 (Reuters) - Clip Money, Inc. CLIP.V :
* CLIP MONEY INC. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
* CLIP MONEY - NON-BROKERED PRIVATE PLACEMENT OF UP TO
9,111,111
UNITS OF COMPANY AT PRICE OF CAD$0.45 PER UNIT FOR GROSS
PROCEEDS OF UP TO US$3 MILLION
* CLIP MONEY - INTENDS TO USE NET PROCEEDS FROM PRIVATE
PLACEMENT
FOR NETWORK EXPANSION, CUSTOMER ACQUISITION
* CLIP MONEY, INC. - INTENDS TO USE NET PROCEEDS FROM
PRIVATE
PLACEMENT FOR NEW UNIT CAPITAL EXPENDITURES, BUSINESS
OPERATIONS AND TECHNOLOGY
Source text for Eikon: ID:nGNXbYhFS0
Further company coverage: CLIP.V
((Reuters.Briefs@thomsonreuters.com;))