On April 4, 2017, Wi2Wi Corporation announced the closing of a non-brokered private placement of units. The company issued 12,499,674 units for gross proceeds of approximately $700,000. Each unit consists of one common share of Wi2Wi and one common share purchase warrant.
Wi2Wi is a vertically-integrated technology company which designs, manufactures and markets high performance, low power wireless connectivity solutions, global navigation satellite system (GNSS) modules, and frequency control devices.
Miller Thomson advised Wi2Wi with respect to this transaction with a team that included Pierre Soulard and Gary Volman, assisted by student-at-law Victoria De Luna.