SkyPostal Networks Inc. (SKPN.OB) Announces $10M Financing
SkyPostal Networks, Inc., an international mail distribution company specializing in hand delivery of commercial mail and periodicals to the Latin America-Caribbean region (LAC), announced it has completed arrangements for $10 million in private placement financing through Falcon Capital, an international group of consulting firms providing business development, change management advice and financing through their client base of more than 1,500 banks, institutions and private individuals. This $10 million, added to the approximately $3.2 million equity conversion from common shares already completed, gives the company a capitalization of more than $13 million, which will enable SkyPostal to move ahead with its…