WINNIPEG, April 5 /CNW/ - All in West! Capital Corporation (the
"Corporation") (TSXV: ALW.P) announced today that it has completed a private
placement of 1,147,000 common shares ("Shares") of the Corporation at a price
of $0.85 per Share for aggregate gross proceeds to the Corporation of
The private placement was completed on a "best efforts" basis through
Bieber Securities Inc. (the "Agent"). The Agent received commission in an
amount equal to 8% of the gross proceeds from the private placement and common
share purchase warrants entitling the Agent to purchase up to 91,760 Shares at
a price of $0.85 per Share at any time up and including June 30, 2008.
The proceeds of the private placement will be used for the purposes of
identifying additional acquisition opportunities and for general corporate
The Shares issued pursuant to the private placement are subject to a hold
period equal to four months and a day from the date of issuance.
The TSX Venture Exchange does not take responsibility for the contents of
this press release.
For further information:
For further information: Mr. Cornelius Martens, President and Chief
Executive Officer of the Corporation at (204) 947-1200