Thursday, June 07, 2018

Investorideas.com - #Blockchain Stock News: Upco International Inc. (CSE: $UPCO.C) (OTC: $UCCPF) (FSE: U06) Announces Closing of First Tranche of Financing

Investorideas.com - #Blockchain Stock News: Upco International Inc. (CSE: $UPCO.C) (OTC: $UCCPF) (FSE: U06) Announces Closing of First Tranche of Financing





Vancouver,
British Columbia - June 7, 2018 (Investorideas.com Newswire) Upco International
Inc. (
CSE: UPCO) (Frankfurt: U06)
("UPCO") is pleased to announce it has closed the first tranche of
the previously announced financing to rasie up to $2.5 million at $0.20 per
share and issue up to 12,500,000 shares of the Company. Pursuant to the first
tranche, Upco has issued 8,212,500 shares at $0.20 per share for gross proceeds
of $1,642,500. The Proceeds will be used for general working capital. All the
shares issued will have a 4 month hold. Upco paid a finders fee of $56,175 in
cash and issued 200,625 finders warrants exercisable at $0.25 for a period of 2
years to Pinpoint Participations UG.


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