Integrity Capital nets $436,000 through private placement of its stock

Company sells about 42,516 common shares at $10.15, $10.30 in offering

By Devika Patel

Knoxville, Tenn., Jan. 20 – Integrity Capital Income Fund, Inc. raised $436,000 of net proceeds from a private placement of stock on Dec. 31, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The company sold about 12,808 common shares at $10.15 per share and about 29,708 shares at $10.15 apiece.

The private investment fund is based in Colorado Springs.

Issuer:	Integrity Capital Income Fund, Inc.
Issue:	Common stock
Net proceeds:	$436,000 (net)
Shares:	42,516 (approximate)
Price:	$10.15 (for about 12,808 shares), $10.30 (for about 29,708 shares)
Warrants:	No
Settlement date:	Dec. 31

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