Parta Dialogue Completes a $500,000 Private Placement
October 22 2012 - 7:57AM
Marketwired Canada
Parta Dialogue (TSX VENTURE:PAD) ("PARTA" or the "Company"), experts in Social
Campaign Optimization and Social Learning, is pleased to announce that it has
completed a non-brokered private placement by issuing 2,000,000 units at a price
of $0.25 per unit, each unit being composed of one common share and one half
(1/2) warrant, for gross proceeds of $500,000 (the "Offering"). Each full
warrant entitles its holder to purchase one common share of the Company at a
price of $0.40, exercisable for a 24-month period.
The Offering was completed with the assistance of an Agent, who received a cash
commission equal to 5% of the gross proceeds of the Offering. The common shares
of the Company were issued in reliance upon exemptions from the prospectus and
registration requirements of applicable Canadian securities legislation and will
be subject to a hold period until February 18, 2013. Closing of the private
placement is subject to final approval of the TSX Venture Exchange.
About Parta
Parta offers Social Media and Social Learning solutions to its clients from
offices in Montreal, Toronto, Paris and Mexico and is the developer of leading
eValue(TM) Social Media ROI Suite: www.evaluesuite.com
Many visionary businesses already employ Parta's solutions for internal and
external online engagement. Among these are Renault, Orange, Michelin,
Hydro-Quebec, Iusacell (Mexico), Dassault Systems, Nestle Waters and Credit
Agricole. www.partadialogue.com
PARTA is listed on the TSX Venture Exchange under the symbol PAD and operates
through two subsidiaries:
#engagementlabs, an all-digital agency offering a targeted range of social
strategies, customized engagement platforms and analytic tools to measure
performance and ROI totally focused on social engagement & optimization:
www.engagementlabs.com.
edu-performance, totally focused on internal engagement and productivity,
Edu-Performance offers customized Social Learning and online training solutions:
www.eduperformance.com.
Other Information
Completion of the acquisition of M30 has received conditional approval from the
TSX Venture Exchange Inc. but the TSX-V has in no way passed upon the merits of
the acquisition of M30 and has neither approved nor disapproved the contents of
this press release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Paul Allard, President & CEO
Parta Dialogue Inc.
+1 (514) 831-4245
paul.allard@partadialogue.com
Tom Liacas, VP Social Media
Parta Dialogue Inc.
+1 (514) 771-5120
tom.liacas@partadialogue.com
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