Brief: MediaValet says to raise $1.5 mln through brokered private placement

MediaValet

14/03/2016 11:44

March 14 (Reuters) - MediaValet Inc  MVP.V : 
 * To raise $1,500,000 through brokered private placement 
 * Says private placement of up to 9.4 million units at a price of $0.16 per 
   unit 
 * Says net proceeds of offering will be used to support company's global sales 
   and marketing efforts and accelerate product development 
 * Says granted Haywood an option to sell up to an additional 3.1 million units 
   at the issue price within 30 days of the closing 
 
 * Source text for Eikon  ID:nCCN8LrCSp  
 
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