MPVC Inc. Announces Closing of Financing
July 16 2008 - 4:00PM
Marketwired
TORONTO, ONTARIO (the "Company") is pleased to announce that it
has closed a non-brokered private placements offering (the
"Offering") to three (3) arm's length subscribers for aggregate
gross proceeds of $125,000.
The Offering was for an aggregate of 1,250,000 common shares in
the capital of the Company (each a "Common Share") at a purchase
price of $0.10 per Common Share for gross proceeds of $125,000. No
commissions or finder's fees were payable by the Company pursuant
to the Offering.
The Common Shares are all subject to a four (4) month statutory
hold commencing from the date of issuance. The Offering is subject
to TSX Venture Exchange acceptance of requisite regulatory
filings.
All proceeds raised under this Offering will be used by the
Company to fund general working capital requirements.
About MPVC Inc.
The Company, through its wholly owned subsidiary OCI, is
committed to providing and managing specialized inbound and
outbound customer care, sales and marketing, technical support and
many other centralized contact center services to its clients. The
Company's focus is on providing single source solutions for all
clients' contact center needs from its growing base of delivery
centers. The Company is dedicated to providing a quality and
breadth of service that exceeds client expectations.
The TSX-V has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
Contacts: MPVC Inc. Michael Hilmer CEO of the Corporation (416)
420-5529 Email: mhilmer@onecontactinc.ca
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