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Product category: Wireless Communications
News Release from: Hemisphere GPS
Edited by the Electronicstalk Editorial Team on 19 November 2002
CSI raises funding for growth
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CSI Wireless has entered into an engagement agreement with a syndicate of investment dealers providing for the issuance of a maximum of $8 million worth of units at a price of $1.30 per unit.
CSI Wireless has entered into an engagement agreement with a syndicate of investment dealers led by CIBC World Markets and including National Bank Financial, Acumen Capital Finance Partners and Research Capital Corp providing for the issuance of a minimum of $4.5 million and a maximum of $8 million worth of units at a price of $1.30 per unit Each unit is comprised of one CSI Wireless common share and one-half of one common share purchase warrant