genenews ltd (GEN:Toronto)
Transactions by GENENEWS LTD (GEN) in the last 6 months
GeneNews Limited (TSX:GEN) announced a non-brokered private placement of 7,000,000 common shares at CAD 1.03 per share for gross proceeds of CAD 7,210,000 on July 2, 2014. Certain insiders of the company will participate in the transaction. The investors will acquire approximately 15.90% stake of the company. The closing of the transaction is expected to occur on or about July 7, 2014. The transaction is subject to the approval of the TSX Venture Exchange.
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