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Destiny Media Announces Proposed Private Placement Financing (Destiny Media Technologies Inc)

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(Source: Destiny Media Technologies Inc) VANCOUVER, Oct. 16, 2015 /CNW/ - Destiny Media Technologies Inc. (TSXV: DSY) (OTCQX: DSNY) announces that its board of directors have approved a proposed private placement offering of up to 2,020,000 Units at a price of USD$0.25 per Unit for maximum gross proceeds of $505,000 (the 'Offering'). Each Unit will be comprised of one common share of Destiny and one-half of one common share purchase warrant ('Warrant'), with each whole Warrant entitling the holder to purchase one additional common share at USD$0.30 per share for a period of two years from the date of the issue....

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