Brief: Capricorn Business Acquisitions announces proposed consolidation and private placement

SATO Technologies

25/01/2017 22:32

Jan 25 (Reuters) - Capricorn Business Acquisitions Inc 
 CAKh.V  
    * Announces proposed consolidation and private placement 
    * Intends to seek shareholder approval for a 1-for-3 
consolidation 
    * Intends to proceed with a non-brokered private placement 
offering of up to 3.8 million post-consolidation common shares 
    * Private placement offering of post-consolidation common 
shares at a price of c$0.08 per post-consolidation common share 
 
Source text for Eikon:  ID:nCCN4WsRzs  
Further company coverage:  CAKh.V  
 
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