(via Thenewswire.ca) August 11, 2016 / TheNewswire / Ottawa, Ontario – Edgewater Wireless Systems Inc. (YFI; TSX-V) (the “Company”) announces an offering on a non-brokered private placement basis up to 4,444,444 units of the Company (each a “Unit”) at a price of $0.45 per Unit (the “Offering”) for total proceeds of up to $2,000,000. Each Unit will consist of one common share of the Company and one common share purchase warrant (each a “Unit Warrant”). Each Unit Warrant will entitle the holder to acquire an additional common share at a price of $0.60 per share for a period of 24 months. The Offering is not subject to any minimum aggregate subscription. The Offering will be...
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