CNW Group
Martello Announces CAD$2.4M Private Placement
Martello Technologies Group Inc., (“Martello” or the “Company”) (TSXV: MTLO), a provider of software that optimizes the Microsoft Modern Workplace, announced today a non-brokered private placement of common shares in the capital of the Company (“Common Shares”) for aggregate gross proceeds of approximately CAD$2,400,000 (the “Private Placement”). The sole subscriber in the Private Placement is Wesley Clover International Corporation (“Wesley Clover”), a corporation controlled by Terence Matthews