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Article: Phonettix Intelecom Listed on the Toronto Stock Exchange.
- Article from:
- Business Wire
- Article date:
- September 24, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO--(BUSINESS WIRE)--Sept. 24, 1996--PHONETTIX INTELECOM LTD. (Alberta Stock Exchange: PHH Alberta Stock Exchange: PXT ) is pleased to announce that it began trading on The Toronto Stock Exchange today.
Michael Jarman, Chairman and Chief Executive Officer says "Trading in Toronto will help increase the profile of the company and draw the public's attention to the fact that the Phonettix business plan attracted powerful new shareholders during a recent fund raising organized by Yorkton Securities and Deacon Capital."
In June Phonettix raised $8 million through the sale of special warrants at a price of $2.25 per warrant. These warrants were subsequently ...