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Orca Touchscreen Technologies Announces Non-Brokered Private Placement of 33.3 million Units - Video News Alert on InvestmentPitch.com
August 13, 2015 12:14 PM EDT | Source: InvestmentPitch Media
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2015) - Orca Touchscreen Technologies (CSE: OAA) (OTCQB: ORTFF) (FSE: 6OT) announced a non-brokered private placement of up to 33,333,333 units is priced at $0.30 per unit for gross proceeds of up to $10 million, which will be used for general working capital purposes. Each unit consists of one share and one-half a warrant, with each full warrant exercisable at $0.40 for 5 years.
InvestmentPitch.com has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Orca" in the search box.
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http://www.investmentpitch.com/video/0_o9e7xq9h/Orca-Touchscreen-Technologies-CSE-OAA-Announces-non-brokered-private-placement
Orca Touchscreen's business is the design, production, sale, distribution, service and refurbishment of touchscreen devices, including smartphones and tablets.
The company is working with partners in developing countries to establish semi knock down assembly factories to produce smartphones, tablets and other touchscreen devices for sale in that country's growing market.
The shares recently traded at $0.30, and with 45.8 million shares outstanding, the company is capitalized at $13.7 million.
For more information on the company, please visit their website www.orcatouchscreen.com, contact Michael Malana, CFO, at 604-561-2687 or email cfo@orcatouchtech.com.
Investor relations is handled by Christina Payne at Primoris Group, who can be reached at 416-489-0092 or email ir@orcatouchtech.com.
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