BRIEF-Siyata Mobile announces C$2 mln private placement

Thu May 26, 2016 8:30am EDT
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May 26 (Reuters) - Siyata Mobile Inc :

* Siyata Mobile announces $2m CDN private placement, receives backing from shamrock private equity fund

* Siyata Mobile Inc says private placement involves issuance of up to 5.7 million units at $0.35 per unit

* Siyata Mobile Inc says proceeds of private placement will be used principally for its growth strategy in North America Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)