Breaking News
VersaPay Corporation Announces Closing of $10.7 Million Non-brokered Private Placement
VersaPay Corporation is pleased to announce that it has completed its previously announced non-brokered private placement (the “Offering”) of 6,290,000 common shares of the Company (the “Common Shares”) at a price of $1.70 per Common Share for gross proceeds of approximately $10.7 million.
The Offering remains subject to final approval of the TSX Venture Exchange. The Common Shares issued pursuant to the Offering are subject to a statutory hold period of four months and one day, expiring on February 14, 2018.
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