Vancouver (pcJ News Briefs) – RewardStream Solutions Inc. (TSX-V: REW; FSE: JL4L; WKN: A2APX1) has closed a non-brokered private placement of 5,304,001 units at $0.15 per unit for gross proceeds of $795,600.
Each unit consists of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at a price of $0.25 per share until March 23, 2019.
RewardStream paid eligible finders a cash commission of $7,200, and issued 24,000 non-transferable finders warrants with same warrant terms.
RewardStream Solutions intends to use net proceeds for general working capital and corporate purposes.
RewardStream specializes in the execution of automated referral marketing programs that help brands to acquire, engage, and retain their most valuable stakeholders – customers.
photo credit: RewardStream Solutions