5 points on Aurora Spine’s non-brokered private common share placement

Aurora Spine completed a non-brokered private placement of common shares.

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Here are five things to know:

 

1. The company issued 504,538 common shares at $1.35 per share.

 

2. The aggregate gross proceeds are CDN $681,126.

 

3. Proceeds from the offering will be used for general working capital purposes.

 

4. Director James Snow directly or indirectly subscribed for 84,444 common shares under the offering; Director David Rosenkrantz subscribed to 112,000.

 

5. The common shares issued under the offering are subject to a four-month hold period expiring May 10, 2015.

 

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