Communications DVR Inc. Announces the Closing of its Initial Public Offering.MONTREAL -- Communications DVR (1) (Digital Video Recorder) A device that records video onto a hard disk from one or more ceiling mounted video cameras. Part of a security system, the DVR typically supports 4, 8 or 16 separate camera channels. Inc. ("DVR") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:DVR.P), a Capital Pool Company, is pleased to announce the closing of its initial public offering of 1,815,000 common shares at a price of $0.20 per share for a total amount of $363,000 to investors in Alberta, Ontario and Quebec. Investpro Securities Inc. and Union Securities Ltd acted as agents for DVR. In accordance with Policy 2.4 of the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. (the "Exchange"), the common shares of DVR will commence trading on the Exchange under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors DVR.P at the opening of the market on March 14, 2006. The proceeds received by the Corporation from the public offering will be used to identify and evaluate assets and businesses for the completion of a Qualifying Transaction, as defined in the Exchange Policy 2.4. The TSX Venture Exchange does not accept responsibility for the ad equacy or accuracy of this release. Communications DVR Inc. (TSX VENTURE:DVR.P) |
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