- First Responder Technologies (WPN) announced a non-brokered private placement for gross proceeds of up to $595,000
- The company intends to issue up to 7,000,000 units at $0.085 per unit
- Each unit will consist of one common share and one common share purchase warrant
- First Responder is a Vancouver B.C. based technology development company
- First Responder Technologies Inc. (WPN) opened trading at C$0.135 per share
First Responder Technologies (WPN) announced a non-brokered private placement for gross proceeds of up to $595,000.
The company intends to issue up to 7,000,000 units at $0.085 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional share at $0.11 for 24 months from the date of closing.
First Responder may pay finder’s fees for this offering. The company will use the proceeds for general corporate purposes.
Closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals. All securities issued will be subject to a statutory hold period of four months.
About First Responder Technologies
First Responder is a Vancouver B.C. based technology development company. It commercializes academic and internally developed intellectual property for use in the public safety market.
The company is developing a WiFi-based concealed weapons detection system to protect the perimeter of soft targets, such as theatres, shopping centres, and sports venues.
First Responder Technologies Inc. (WPN) opened trading at C$0.135 per share.