$WTER In order to meet certain NASDAQ financial requirements, the Company announces that, subject to final regulatory approval, it has arranged and closed a non-brokered private placement financing (the “Financing”) of 1,619,947 units (each, a “Unit”) at a price of CDN$2.50 per Unit for gross proceeds of CDN$4,049,867. Each Unit consists of one share of common stock of the Company (each, a “Share”) and one share purchase warrant (each, a “Warrant”), with each Warrant entitling the holder thereof to purchase one additional Share at a price of CDN$2.90 per Share for a period of two years. All securities issued in the Financing are subject to a Canadian hold period expiring January 28, 2019. The Company paid finder's fees of $123,572 and issued 49,428 warrants.

https://finance.yahoo.com/news/alkaline-water...00099.html

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