Quia announced today that it closed on January 6, 2012 a non-brokered private placement consisting of 23,333,334 units for aggregate gross proceeds of $3,500,000. Each Unit consists of one (1) common share of the Company and one half (1/2) of one warrant. Each full Warrant entitles the holder to acquire one common share of the Company at a price of $0.30 per Common Share for a period of 24 months from the closing
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