New Issue: Voice Mobility settles C$3.43 million private placement of units

By Laura Lutz

Washington, Dec. 19 - Voice Mobility International, Inc. wrapped a private placement of units for C$3,425,500.

The company sold 6.851 units of one share and one half-share warrant at C$0.50 per unit. Each whole warrant is exercisable at C$0.65 for three years.

Voice Mobility is a Vancouver, B.C.-based developer and provider of enhanced messaging technologies.

Issuer:	Voice Mobility International, Inc.
Issue:	Units of one share and one half-share warrant
Amount:	C$3,425,500
Units:	6.851 million
Price:	C$0.50
Warrants:	One half-share warrant per unit
Warrant expiration:	Three years
Warrant strike price:	C$0.65
Settlement date:	Dec. 19
Stock symbol:	Toronto: VMY
Stock price:	C$0.48 at close Dec. 19

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