StockGuru News: Clearly Canadian Announces Completion of US $1,000,000 Financing; Cash Position Now in Excess of US $6.0 Million as Company Set to Commence New Product and Marketing Initiatives
Clearly Canadian Announces Completion of US $1,000,000 Financing Clearly Canadian Beverage Corporation (OTCBB: CCBEF) Cash Position Now in Excess of US $6.0 Million as Company Set to Commence New Product and Marketing Initiatives VANCOUVER, British Columbia–(BUSINESS WIRE)–Sept. 5, 2006–Clearly Canadian Beverage Corporation (OTCBB:CCBEF - News) announced today that it has completed a non-brokered private placement (the “Financing”) with Pinetree Capital Ltd. for a total purchase of 333,334 common shares of the Company with an aggregate purchase price of US $1,000,000. Stated Brent Lokash, President of Clearly Canadian, “We are very pleased to have Pinetree as an investor in our Company.…