Indico is pleased to announce that it has closed an initial Cdn$938,250 of its non-brokered private placement announced on January 18, 2012 and increased on March 1, 2012. These funds were raised by Indico issuing a total of 3,753,000 common shares at a price of Cdn$0.25 per share. Total commissions of Cdn$40,560 and 162,240 broker's warrants were
[...]