• Mission Ready Solutions has announced a non‑brokered private placement for gross proceeds of $1,500,000
  • The company will issue up to 18,750,000 units at $0.08 per unit
  • The offering is expected to close on or before December 15, 2022
  • The net proceeds raised will be used for ongoing activities and general corporate purposes
  • Mission Ready Solutions delivers quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, military, and other governmental agencies
  • Mission Ready Solutions (MRS) is up 10.53 per cent, trading at $0.105 per share at 3:15 pm ET

Mission Ready Solutions (MRS) has announced a non‑brokered private placement for gross proceeds of up to $1,500,000.

The company will issue up to 18,750,000 units at $0.08 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional share at a price of $0.15 for a period of three years from the date of closing.

Warrants are subject to an acceleration clause.

The offering is expected to close on or before December 15, 2022.

All securities issued will be subject to a statutory four-month hold period.

The net proceeds raised will be used for ongoing activities and general corporate purposes.

Mission Ready Solutions provides government contracting solutions delivering mission-critical products and services for law enforcement, firefighters, first responders, military, and other governmental agencies.

Mission Ready Solutions (MRS) is up 10.53 per cent, trading at $0.105 per share at 3:15 pm ET.


More From The Market Online

Bombardier to hire 800 workers as it expands U.S. footprint

Bombardier (TSX:BBD) plans to hire 800 people across the U.S., including 500 open positions and 300 new jobs tied to expansion projects.