Edgewater is pleased to announce that the Company has closed the first tranche of its previously disclosed non-brokered private placement of up to $3,000,000. The First Tranche consisted of 6,969,000 common shares of the Company at $0.33 per share for gross proceeds of $2,299,770. The shares issued in connection with the First Tranche have a four month hold period ending on September 11, 2012. Edgewater paid finder's fees
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