December 14, 2016 / 1:51 PM / 7 months ago

BRIEF-Counterpath announces private placement

1 Min Read

Dec 14 (Reuters) - Counterpath Corp

* Counterpath announces private placement

* Counterpath Corp - Terry Matthews, chairman and Donovan Jones, president and chief executive officer, intend to invest in offering

* Counterpath Corp - it intends to complete a non-brokered private placement of up to 10 pct of its outstanding shares of common stock

* Net proceeds from offering will be used to market Bria X, co's unified communications-as-a-service offering

* Net proceeds from offering will be used to fund development for integration of co's UC solutions, among other things Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below