Bergio International Closes on a $2.5 Million Equity Facility With TCA
(Marketwire) On December 23, 2011, Bergio International Inc. (OTCBB: BRGO) entered into an Equity Agreement with TCA Global Credit Master Fund. TCA has committed to purchase up to $2,500,000 of Bergio International's common stock. The purchase price of the Shares under the Equity Agreement is equal to a 5% discount of market price (for further information, see our 8-K filing.)
Berge Abajian, CEO of Bergio International, states, "Signing the agreement with TCA is a positive move which gives us the option of using this funding at our discretion with a minimum discount to market and little dilution. This will definitely help us in reaching our ultimate goal of closing on our first acquisition with Mario Panelli in Italy and other acquisitions that we are working on."
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