Glamis Capital purchases 417,000 company common shares at $0.60 each
By Devika Patel
Knoxville, Tenn., Sept. 26 – Lifelogger Technologies Corp. completed a $250,000 private placement of stock with Glamis Capital SA on Sept. 24, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 417,000 common shares at $0.60 apiece. The price per share is a 6.25% discount to the Sept. 23 closing share price of $0.64.
The technology and software company is based in Palm Beach Gardens, Fla.
| Issuer: | Lifelogger Technologies Corp.
|
| Issue: | Common shares
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| Amount: | $250,000
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| Shares: | 417,000
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| Price: | $0.60
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| Warrants: | No
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| Investor: | Glamis Capital SA
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| Settlement date: | Sept. 24
|
| Stock symbol: | OTCBB: LOGG
|
| Stock price: | $0.64 at close Sept. 23
|
| Market capitalization: | $43.74 million
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