Sora Capital Announces Private Placement
June 19, 2014
VANCOUVER, B.C. – Mr. Paul Reinhart, President and CEO of Sora Capital Corp. (“The Company”), announces the Company will proceed with a non-brokered private placement of up to two million units at 20 cents per unit for gross proceeds of up to $400,000.
Each unit will consist of one common share in the capital of the company and one-half of a common share purchase warrant. Each warrant will entitle the holder to purchase one additional share at a price of 25 cents per warrant share for a period of six months from the closing of the offering.
The company may pay a finder’s fee on the offering within the amount permitted by the policies of the Canadian Securities Exchange. Closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the exchange. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The net proceeds from the offering will be used by the company for general working capital.
About Sora Capital Corp.
Based in Vancouver, BC, the Company has made strategic investments in two technology companies, HelpHub Services Inc. (https://helphub.me) and RosterBot Inc. (https://rosterbot.com).
Both companies are in the Software as a Service (SaaS) space.
Sora Capital Corp.
604 446 1827
Transcend Resource Group
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