VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/29/15 — Uniserve Communications Corporation (the “Company”) (TSX VENTURE: USS) wishes to announce that it has agreed to issue up to 12,000,000 Units in a private placement, at a price of $0.05 per unit, each unit consisting of one common share and one transferable share purchase warrant. One warrant will be exercisable for one additional common share at $0.10 per share for a two year period. The proceeds derived from this placement will be used for the purposes of general working capital. No finder–s fees are payable pursuant to this placement and this transaction is subject to TSX Venture Exchange approval.
Uniserve Communications Corporation (TSX VENTURE: USS) is a leader in the integration and delivery of voice and data services over multiple IP networks directly or through wholesale partnerships to businesses and retail consumers throughout Canada. Learn more at or at . This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
Michael C. Scholz, Chairman of the Board
Neither TSX Venture Exchange nor its Regulations Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Management has prepared this release and no regulatory authority has approved or disapproved the information contained herein. The statements contained in this news release that are not historical facts are forward looking statements. Such statements are based on management–s estimates, assumptions and projections using available information. Uniserve cautions that actual financial results could differ materially from the current expectations due to a number of factors.
Contacts:
Uniserve Communications Corporation
Investor & Corporate Relations
604-395-3922
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