abakan inc (ABKI:OTC US)
Transactions by ABAKAN INC (ABKI) in the last 6 months
Abakan, Inc. (OTCPK:ABKI) announced that it has entered into a letter agreement for a private placement of 7,500,000 restricted common shares at a price of $0.40 per common share for gross proceeds of $3,000,000 with new investor Up Scientech Materials Corp on November 13, 2014. As a part of the transaction, Kevin Chen of Up Scientech Materials Corp will join the company’s board of directors. The transaction is approved by board of directors of the company.
Abakan, Inc. (OTCPK:ABKI) announced a private placement of 18,750,000 common shares at $0.40 per share for gross proceeds of $7,500,000 on August 19, 2014. The investors will acquire 21.5% stake in the company through this transaction. The transaction is expected to close on September 15, 2014. The company will not pay any commission in connection with the transaction. The transaction was approved by the board of directors of the company.
As of October 9, 2014, the ...
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