| Home : January 14 2012 Computer News : Individuals Increase Positions in Raystar Pursuant to Exercise of Warrants |
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Individuals Increase Positions in Raystar Pursuant to Exercise of Warrants |
January 14, 2012
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 13, 2012) - Raystar Capital Ltd. (the "Company") (TSX VENTURE:RYA.H) announces that individuals (the "Acquirers") have acquired 7,000,000 common shares ("Common Shares") of the Company pursuant to the exercise of common share purchase warrants of the Company ("Warrants") that were acquired pursuant to a private placement transaction that closed on January 27, 2011. The Warrants were acquired at an exercise price of $0.10 per share for an aggregate purchase price of $700,000. Following the exercise of the Warrants, the Company will have approximately 26,857,040 common shares issued and outstanding.
Link: http://www.marketwire.com/mw/release.do?id=1606718&sourceType=3
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