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Smart Employee Benefits brings in over C$1.8mln from financing

Each unit consisted of one company share and one share purchase warrant, the group said.
Smart Employee Benefits brings in over C$1.8mln from financing
Each unit consisted of one company share and one share purchase warrant

Smart Employee Benefits Inc (CVE:SEB) said it had brought in gross proceeds of C$1,883,900 following an offering.

The tech group offered over 8.97mln units at 21 cents a throw.

Each unit consisted of one company share and one share purchase warrant, with the latter exercisable into a company share for 30 cents each for 18 months from the date of issue.

Proceeds of the offering will be used to  repay debt and for general working capital.

Smart Employee Benefits shares added over 8% to stand at C$0.25 each.

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