Not much,but some insider buying

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vinny12

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Not much,but some insider buying

posted on Aug 07, 2013 08:30PM

Sprylogics 15,197,340-share private placement

2013-08-07 16:39 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced July 17, 2013.

Shares: 15,197,340

Price: 40 cents

Placees: 63

Insider: Marvin Igelman 100,000

Agent's fee: $360,631.60 plus 901,579 warrants (each exercisable into one common share at a price of 40 cents for a two-year period) payable to Beacon Securities Ltd.

Finder's fee: 455,920 warrants (each exercisable into one common share at a price of 40 cents for a two-year period) payable to Northcote Advisors Inc.

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