Brief: Invesque Announces Upsize Of Previously Announced Private Placement
02/02/2018 12:00
Feb 2 (Reuters) - Invesque Inc HLPu.TO :
* INVESQUE INC. ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED
PRIVATE
PLACEMENT AND RECEIPT OF SHAREHOLDER APPROVAL BY WAY OF CONSENTS
* INVESQUE INC - PARTIES AGREED TO INCREASE NUMBER OF
SERIES 2
PREFERRED SHARES TO BE ISSUED TO MAGNETAR UNDER SECOND PRIVATE
PLACEMENT TO 3.2 MILLION
* INVESQUE - MAGNETAR AGREED TO SUBSCRIBE FOR 1.6 MILLION
CLASS A
SERIES 3 CONVERTIBLE PREFERRED SHARES AT US$9.4575/SHARE FOR
PROCEEDS OF ABOUT US$15 MILLION
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