Brief: Data Communications Announces Rights Offering And Stand-By Commitment To Raise Gross Proceeds Of Up To $4.95 Mln

Data Communications Management (Ontario)

27/11/2019 12:31

Nov 27 (Reuters) - Data Communications Management Corp
 DCM.TO :
    * DATA COMMUNICATIONS MANAGEMENT CORP. ANNOUNCES RIGHTS
OFFERING
AND STAND-BY COMMITMENT TO RAISE GROSS PROCEEDS OF UP TO $4.95
MILLION
    * DATA COMMUNICATIONS MANAGEMENT CORP - ELIGIBLE HOLDERS OF
COMMON
SHARES WILL RECEIVE ONE RIGHT FOR EACH COMMON SHARE HELD
    * DATA COMMUNICATIONS MANAGEMENT CORP - NO FRACTIONAL RIGHTS
WILL
BE ISSUED IN OFFERING
    * DATA COMMUNICATIONS MANAGEMENT CORP - EACH RIGHT WILL
ENTITLE
HOLDER TO SUBSCRIBE FOR ONE COMMON SHARE AT SUBSCRIPTION PRICE
OF $0.23PER SHARE

Source text for Eikon:  ID:nBw5nNDMZa 
Further company coverage:  DCM.TO 

 ((Reuters.Briefs@thomsonreuters.com;))