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Posted On: 11/16/2017 9:09:44 AM
Post# of 107411
$PDXP: NEWS~PDX Partners, Inc. Receives $10,000,000 Financing Commitment
Nov 16, 2017
OTC Disclosure & News Service
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PDX Partners, Inc. Receives $10,000,000 Financing Commitment
PORTLAND, OR--(Marketwired - Nov 16, 2017) - PDX Partners, Inc. (OTC PINK: PDXP) ("the Company"
, a Telecom company, announces that it has executed an equity purchase agreement with L2 Capital, an institutional investor. The capital will create significant growth capability for PDXP, enabling the execution and scaling of its business plan, on favorable terms.
Under terms of the agreement, PDXP has the right to sell up to $10,000,000 of its common stock to L2 Capital, in an amount that the Company determines. Patrick Johnson, CEO of PDXP, stated: "This move is important because it has resulted in a significant improvement of the terms under which we can access capital on an as and when needed basis. The Company intends to use this capital for further (IP) development and media spends."
About L2 Capital
We are a Midwest-based investment firm providing flexible and innovative financing to the small-cap and micro-cap marketplace in a variety of sectors. Our team has over 30 years of combined experience in capital markets, business development, and micro-cap investing. L2 has been created from the investment successes shared by our principals.
For more information, visit: https://www.ltwocapital.com/
About PDX Partners
PDX Partners, Inc. (OTC PINK: PDXP) is a Telecom company dedicated to creating revenue and shareholder value by marketing Telecom products and acquiring other long-term growth assets. The company was founded in 1997.
For more information go to: www.pdxpartners.net
http://www.otcmarkets.com/stock/PDXP/news/PDX...34&b=y
Nov 16, 2017
OTC Disclosure & News Service
-
PDX Partners, Inc. Receives $10,000,000 Financing Commitment
PORTLAND, OR--(Marketwired - Nov 16, 2017) - PDX Partners, Inc. (OTC PINK: PDXP) ("the Company"
, a Telecom company, announces that it has executed an equity purchase agreement with L2 Capital, an institutional investor. The capital will create significant growth capability for PDXP, enabling the execution and scaling of its business plan, on favorable terms. Under terms of the agreement, PDXP has the right to sell up to $10,000,000 of its common stock to L2 Capital, in an amount that the Company determines. Patrick Johnson, CEO of PDXP, stated: "This move is important because it has resulted in a significant improvement of the terms under which we can access capital on an as and when needed basis. The Company intends to use this capital for further (IP) development and media spends."
About L2 Capital
We are a Midwest-based investment firm providing flexible and innovative financing to the small-cap and micro-cap marketplace in a variety of sectors. Our team has over 30 years of combined experience in capital markets, business development, and micro-cap investing. L2 has been created from the investment successes shared by our principals.
For more information, visit: https://www.ltwocapital.com/
About PDX Partners
PDX Partners, Inc. (OTC PINK: PDXP) is a Telecom company dedicated to creating revenue and shareholder value by marketing Telecom products and acquiring other long-term growth assets. The company was founded in 1997.
For more information go to: www.pdxpartners.net
http://www.otcmarkets.com/stock/PDXP/news/PDX...34&b=y
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