I was worried because of the time it took to announce it... now we have some money finally... in those terrible market, better to be sitting on some bucks then nothing!

 

Here is a partial NR from another website... can't find it either so far on the tsx website

 

 

Megastar Development 11-million-share private placement

2012-06-01 16:45 ET - Private Placement

 

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The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 21, 2012.

Number of shares:  11 million shares

Purchase price:  10 cents per share

Warrants:  11 million share purchase warrants to purchase 11 million shares

Warrant exercise price:  13.5 cents for a two-year period

Number of placees:  24 placees

Pro group:  William Lambert, 125,000

Finders' fees:  $48,250 cash and 482,500 share purchase warrants exercisable at 13.5 cents for two years payable to Windermere Capital (Canada) Inc.; $26,000 cash and 260,000 share purchase warrants exercisable at 13.5 cents for two years payable to the Ask Marketing Services Inc. (Alain Beland and Louis Morin)