SkyPostal Networks Inc. (SKPN.OB) Recently Announced Over $13 Million in New Financing and Potential for Future Expansion
SkyPostal Networks Inc. is one of the leading private mail networks in Latin America, handling commercial mail, periodicals and parcel post from European postal agencies, major publishers, international mailers and financial institutions. SkyPostal recently announced the completion of two financing projects totaling $13.2 million in new capital for the company. With the completion of these projects, SkyPostal plans to improve their private postal network. The first of these recent financing announcements was the completion of a private placement financing totaling $10 million. Falcon Capital, a boutique investment banking firm based in London, acted as placement agent for the financing. The…