By Sheri Kasprzak
New York, April 11 - VisionSky Corp. said it intends to raise up to C$1 million in a private placement.
The deal includes up to 2 million units of one share and one warrant. Each warrant is exercisable at C$1.00 for 18 months.
VisionSky, based in Calgary, Alta., provides non-financial institution automated teller machines and ATM processing services.
Issuer: | VisionSky Corp.
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Issue: | Units of one share and one warrant
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Amount: | C$1 million (maximum)
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Units: | 2 million (maximum)
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Price: | C$0.50
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Warrants: | One warrant per unit
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Warrant expiration: | 18 months
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Warrant strike price: | C$1.00
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Pricing date: | April 11
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Stock symbol: | CNQ: VSKY
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Stock price: | C$0.26 at close April 10
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