BURLINGTON, ON--(Marketwired - Jun 25, 2014) - Astrix Networks Inc., operating as Memex Automation (
The Company is pleased to announce its management and directors subscribed for $272,502, or 33%, of this Private Placement -- a strong endorsement for the Company's momentum.
Accredited Investors resident in Canada, the USA, Offshore, may be interested to subscribe to the second tranche closing of approximately $487,002, by contacting the Company or your Investment Advisor.
The Common Shares and Warrants issued in connection with the Private Placement are subject to a four-month hold period from the closing date, as prescribed by the TSX Venture Exchange and applicable securities laws.
Memex Automation (
For more information, please visit: www.memex.ca.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
VP Business Development
905-635-1540 ext. 103