GlobeX Data Ltd. Announces Closing of Non-Brokered Private Placement
TORONTO, ON & NEW YORK, NY / ACCESSWIRE / March 31 2021 / GlobeX Data Ltd. (OTCQB:SWISF)(CSE:SWIS)(FRA:GDT) ("GlobeX" or the "Company"), the leader in Swiss hosted secure communications and secure data management, is pleased to announce that as per its press release of March 19th 2021, stating interest for a private placement, it is pleased to announce the closing of a private placement offering for a total of 4,076,400 Units (as defined below) at a price of CA$0.30 per Unit for total gross proceeds of CA$1,222,920.
Each Unit consists of one common share (a "Share") priced at CA$0.30 per share, and one-half of one share purchase warrant (a "Warrant"). Each Full Warrant will entitle the holder to purchase a Common share at a price of $0.50 per share for a two-year term (the "Warrant Term"). The offering has been fully subscribed and is now closed. Corporate finance advisory fees of CA$60,000 were paid in the form of cash.