Unisync Announces Closing of Non-Brokered Private Placement Financing

TORONTO, Dec. 30, 2019 (GLOBE NEWSWIRE) — Unisync Corp. (TSX:UNI) (“Unisync“) is pleased to advise that the non-brokered private placement announced on December 19, 2019 has closed. The private placement consisted of 924,703 Common Shares (each a “Share“) at a price of $3.30 per Share for total gross proceeds of $3,051,520. The Shares are subject to hold periods expiring on May 1, 2020.
The net proceeds of the Offering will be used for expenditures related to Unisync’s expansion into the United States and for general working capital purposes.ABOUT UNISYNC
Unisync operates through two business units: Unisync Group Limited (“UGL”) with its North American head office in Mississauga, Ontario and Peerless Garments LP based in Winnipeg, Manitoba (“Peerless”). UGL is a leading customer-­focused provider of corporate apparel, serving many leading Canadian and American iconic brands through operations in both Canada and the US. Peerless specializes in the production and distribution of highly technical protective garments, military operational clothing and accessories for a broad spectrum of Federal, Provincial and Municipal government departments and agencies.
The combined operations of UGL and Peerless represent a vertically integrated North American enterprise with exceptional capabilities in garment design, domestic manufacturing and off-­shore outsourcing, including state-of-­the-­art web based B2B ordering, distribution and program management systems.For more information on our capabilities, products and services please visit our website at www.unisyncgroup.com .On Behalf of the Board of DirectorsMatthew Graham, CEOInvestor relations contact:
Douglas F Good at 778-370-1725
Email: dgood@unisyncgroup.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.