Jones Soda closes $1.74 million private placement of units
JSDA•Private placement closed
Jones Soda closed a private placement, raising gross proceeds of $1.74 million through the sale of unit securities.
Each unit included one common share, plus one-half of one detachable share purchase warrant.
Net proceeds are earmarked for growth initiatives, plus general corporate purposes.
Revere Securities received an 8% cash finder’s fee, plus warrants equal to 8% of the total units issued.
