POET Technologies Announces $25M Offering Priced At A Premium To Market, With Sale Of 5M Units At $5.00 (C$7.08) Per Unit

POET Technologies announces its intention to complete a non-brokered public offering of 5,000,000 units of the Corporation at a price of US$5.00 (C$7.08) per Unit (the "Issue Price") for aggregate gross proceeds to the Corporation of US$25 million. 

Each Unit will be comprised of one common share of the Corporation and one-half of one common share purchase warrant of the Corporation, with each Warrant being exercisable to acquire one Common Share at a price of US$6.00 (C$8.50) for a period of five years from the date of issuance.