VSBLTY Groupe Closes First Tranche of Private Placement for $1,165,000

VSBLTY

An exciting development for VSBLTY Groupe Technologies Corp. (CSE:VSBY) (OTCPK:VSBGF) was announced this week. The company has officially closed the first portion of its brokered private placement with Echelon Wealth Partners Inc. The offering, for which Echelon served as lead agent and sole book-runner, has raised gross proceeds of $1,165,000 for VSBLTY.

Initially announced on August 13, the debenture was closed on August 29. It will bear interest annually on an accrual basis at a rate of 10 percent and will mature two years from the closing date.

VSBLTY paid $93,200 as a cash ...

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