BlackIce Completes Financing

November 9, 2016 — Vancouver, BC — BlackIce Enterprise Risk Management Inc. (CSE:BIS) has completed a financing for $140,000 as earlier announced on September 6 and September 8, 2016.
Subject to approval of the Canadian Securities Exchange, the Company has issued 2,800,000 Units at $0.05 per Unit for gross proceeds of $140,000. Each Unit consists of one common share of the Company and one-half common share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional share at a price of $0.10 cents per warrant share for a period of two years from the closing date. A finder’s fee of $1,000 was paid to PI Financial Corp.
The shares will be restricted from trading for 4 months + one day from the date of closing.
Further to the Company’s news release dated September 6, 2016 the Company confirms the grant of incentive stock options to directors, officers and consultants, to purchase up to 2,000,000 common shares at $0.05 per share for a two year period.
Connect with BlackIce Enterprise Risk Management Inc. (CSE:BIS) to receive an Investor Presentation.