Brief: Data Communications Management Corp announces private placement of up to $3.9 mln

Data Communications Management (Ontario)

23/06/2017 17:04

June 23 (Reuters) - Data Communications Management Corp 
 DCM.TO  :  
    * Data Communications Management Corp. completes rights 
offering for $4.6 million and announces private placement of up 
to $3.9 million for gross proceeds of up to $8.5 million 
    * Data Communications Management- To use net proceeds from 
rights offering, private placement, together with borrowings, to 
repay debentures at maturity 
    * Data Communications Management- Private placement of up to 
2.8 million units at price per unit of $1.40 for gross proceeds 
to company of up to $3.9 million 
 
Source text for Eikon:  ID:nCNWBhdkna  
Further company coverage:  DCM.TO  
 
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