Ottawa-based ProntoForms Corp. (TSXV: PFM) has raised $1 million through a non-brokered private placement, the company announced on Wednesday.
The placement saw the company, which markets mobile data collection software for business, sell 3,333,333 units at a price of 30 cents each.
Each unit consisted of one common share and half a purchase warrant. Each complete purchase warrant can be used to buy once common share at a price of 45 cents within the next 18 months.
OBJ360 (Sponsored)

Ottawa’s Paterson Group offers a million reasons to give
There’s a particular image that David Gilbert, President of Ottawa-based Paterson Group, is delighted to share. It’s a map of the Ottawa area and beyond covered with thousands of dots,

Kingston manufacturers winning on the global stage with innovative products
Darrell Searles says Anchor Concrete wants to revolutionize the homebuilding industry—and the Kingston-based company has been doing exactly that through its innovative precast concrete building solutions. “We want to do
As of Sept. 30, 2013, the most recent period the most recent period for which ProntoForms quarterly filings are available, the company had over 67 million outstanding shares.
ProntoForms shares were trading at 35 cents on Thursday afternoon.