By Sheri Kasprzak
New York, Jan. 10 - HarvestRoad Ltd. said it has completed a private placement for A$1,239,500.
The company sold to institutional and sophisticated investors 6.7 million shares at A$0.185 each.
Tolhurst Noall Ltd. was the placement agent.
Proceeds will be used for expansion into North America.
Based in Perth, Western Australia, HarvestRoad provides a digital repository of content used in online learning programs.
| Issuer: | HarvestRoad Ltd.
|
| Issue: | Stock
|
| Amount: | A$1,239,500
|
| Shares: | 6.7 millionA
|
| Price: | A$0.185
|
| Warrants: | No
|
| Placement agent: | Tolhurst Noall Ltd.
|
| Settlement date: | Jan. 10
|
| Stock price: | A$0.185 at close Jan. 10
|
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