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Back to Home » December 2012 News » Fronsac Concludes an Important Private Placement of $ 3,750,000 |
Fronsac Concludes an Important Private Placement of $ 3,750,000 |
December 19, 2012
SAINT-JEAN-BAPTISTE, QUÉBEC--(Marketwire - Dec. 18, 2012) - Fronsac Real Estate Investment Trust ("Fronsac" or the "Trust") (TSX VENTURE:GAZ.UN) is pleased to announce the conclusion today of a private placement of 11,718,750 units (the "Units") at a subscription price of $0,32 per Unit (the "Offering") for gross proceeds of $ 3,750,000. The Units were subscribed by investors pursuant to exemptions under Regulation 45-106 respecting prospectus and registration exemptions.
Source URL: http://www.marketwire.com/mw/release.do?id=1739297&sourceType=3
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