{"id":14010,"date":"2019-03-15T16:20:55","date_gmt":"2019-03-15T20:20:55","guid":{"rendered":"https:\/\/nuranwireless.com\/?p=14010"},"modified":"2019-03-15T16:20:55","modified_gmt":"2019-03-15T20:20:55","slug":"nuran-closes-non-brokered-private-placement","status":"publish","type":"post","link":"https:\/\/nuranwireless.com\/en\/news-nl\/nuran-closes-non-brokered-private-placement\/","title":{"rendered":"NuRAN Closes Non-Brokered Private Placement"},"content":{"rendered":"<p><em>Quebec City, Canada, <\/em><em>March 15<sup>th<\/sup>, 2019<\/em> &#8211; NuRAN Wireless (\u201cNuRAN Wireless\u201d or the \u201cCompany\u201d) (<a href=\"https:\/\/thecse.com\/en\/listings\/technology\/nuran-wireless-inc\">CSE: NUR<\/a>) (<a href=\"https:\/\/www.otcmarkets.com\/stock\/NRRWF\/overview\">OTC: NRRWF<\/a>) (<a href=\"http:\/\/en.boerse-frankfurt.de\/stock\/Nuran_Wireless-Share\">FSE: 1RN<\/a>) a leading supplier of mobile and broadband wireless solutions, announced today that it has closed the <a href=\"https:\/\/web.tmxmoney.com\/article.php?newsid=5236125563636062&amp;qm_symbol=NUR:CNX\">previously announced<\/a> non-brokered private placement for gross proceeds of CAD $ 1,107,000.<\/p>\n<p>As released on February 27, 2019, the Company has issued a total of 11,070,000 units of the Company (&#8220;Units&#8221;) at a price of $0.10 per Unit, each Unit consisting of one common share (a &#8220;Share&#8221;) and one-half of one share purchase warrant (a &#8220;Warrant&#8221;) for aggregate gross proceeds of $1,107,000 (the &#8220;Offering&#8221;).<\/p>\n<p>The Company issued an aggregate of 5,535,000 warrants pursuant to the Offering. Each Warrant issued entitles the holder to acquire one additional Share at a price of $0.15 per Share for a period of 24 months from closing. In connection with the Offering the Company paid finder&#8217;s fees consisting of cash fees totalling $15,600 and issued an aggregate of 156,000 finder&#8217;s warrants exercisable at a price of $0.10 per Share for a period of 24 months from closing. All securities issued are subject to a hold period expiring four months and one day from closing in accordance with applicable securities laws.<\/p>\n<p>&nbsp;<\/p>\n<p><em>No regulatory authority has approved or disapproved the information contained in this news release.<\/em><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><a href=\"https:\/\/nuranwireless.com\/investor-relations\/overview\/\"><strong>About NuRAN Wireless<\/strong><\/a><\/p>\n<p><strong>For further information about NuRAN Wireless;<\/strong><\/p>\n<p><a href=\"https:\/\/nuranwireless.com\/\"><strong>w<\/strong>ww.nuranwireless.com<\/a><\/p>\n<p>Martin Be\u0301dard<br \/>\nPresident and CEO<br \/>\n<a href=\"mailto:info@nuranwireless.com\">info@nuranwireless.com<\/a><br \/>\n(418) 914-7484<\/p>\n<p>Frank Candido<br \/>\nDirect Financial Strategies and Communication<br \/>\n<a href=\"mailto:frank.candido@nuranwireless.com\">frank.candido@nuranwireless.com<\/a><\/p>\n<p>(514) 969-5530<\/p>\n<p>&nbsp;<\/p>\n<p>United States Contact<\/p>\n<p>Trevor Brucato<\/p>\n<p>Managing Director<\/p>\n<p>RB Milestone Group, LLC<\/p>\n<p>Stamford, CT &amp;\u00a0New York, NY<\/p>\n<p><a href=\"mailto:tbrucato@rbmilestone.com\">tbrucato@rbmilestone.com<\/a><\/p>\n<p><a href=\"http:\/\/www.rbmilestone.com\">www.rbmilestone.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Quebec City, Canada, March 15th, 2019 &#8211; NuRAN Wireless (\u201cNuRAN Wireless\u201d or the \u201cCompany\u201d) (CSE: NUR) (OTC: NRRWF) (FSE: 1RN) a leading supplier of mobile and broadband wireless solutions, announced [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[50,29],"tags":[],"class_list":["post-14010","post","type-post","status-publish","format-standard","hentry","category-investors","category-news-nl"],"_links":{"self":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts\/14010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/comments?post=14010"}],"version-history":[{"count":1,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts\/14010\/revisions"}],"predecessor-version":[{"id":14011,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts\/14010\/revisions\/14011"}],"wp:attachment":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/media?parent=14010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/categories?post=14010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/tags?post=14010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}