Edgewater Announces Closing of Private Placement
Edgewater Wireless Systems Inc. (TSX-V: YFI, OTC: KPIFF) has successfully closed a non-brokered private placement, raising $1.915 million through the issuance of 38,300,000 units priced at $0.05 per unit. Proceeds are earmarked for product commercialization and working capital, with flexibility for reallocation as business needs evolve.