Ante5 Inc. - 2011-07-28


The company intends to close later today on a private placement of 6,142,500 units at a price of $1.00 per unit. Each unit will consist of one common share and a warrant to purchase one-half share of common stock.

The company expects net proceeds at closing of approximately $5.6 million after the deduction of placement agent commissions and offering expenses.

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