Vu1 Corporation. (OTCPK:VUOC) announced a private placement of 400,000 units at $0.80 per unit for gross proceeds of $320,000 on December 20, 2012. Each unit consists of one common share and one warrant. Each warrant entitles the holder to purchase an additional common share of the company at $1.50 per share for a period of three years from the date of origin expiring on December 20, 2015. The securities will be issued to accredited investors pursuant to Regulation D.


On December 20, 2012, Vu1 Corporation. closed the transaction.