Wednesday, May 2, 2012

MetaStat, Inc. Completes Financing

THE WOODLANDS, Texas, May 2, 2012 /PRNewswire/ -- MetaStat, Inc. (OTCBB: MTST) ("MetaStat" or the "Company") announced today that on May 1, 2012, it has received subscriptions in a private placement for aggregate gross proceeds of $805,000 from certain accredited and institutional investors (the "Offering").  The Offering consisted of  the issuance by the Company of 805,000 shares of the Company's common stock at $1.00 per share and 201,250 common stock purchase warrants with an exercis...continued
 

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