By Sheri Kasprzak
New York, Aug. 22 - Rand A Technology Corp. has arranged a private placement for C$8.25 million.
The offering includes 3 million shares at C$2.75 each.
The deal is expected to close on Sept. 8.
Based in Mississauga, Ont., Rand A is a technology provider for the engineering sector.
| Issuer: | Rand A Technology Corp.
|
| Issue: | Stock
|
| Amount: | C$8.25 million
|
| Shares: | 3 million
|
| Price: | C$2.75
|
| Warrants: | No
|
| Pricing date: | Aug. 22
|
| Settlement date: | Sept. 8
|
| Stock price: | C$2.79 at close Aug. 22
|
|
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