ThreeD Capital Inc. Announces Completion of Private Placement to Raise $100,000
May 08 2020 - 9:00AM
ThreeD Capital Inc. (the “Company”) (CSE:IDK), a Canadian-based
venture capital firm focused on investments in promising, early
stage companies and ICOs with disruptive capabilities, is pleased
to announce that it has completed a non-brokered private placement
(the “Offering”), pursuant to which it has issued 1,000,000 units
(“Units”) at a price of $0.10 per Unit, to raise aggregate gross
proceeds of $100,000. Each Unit consists of one common share of the
Company and one common share purchase warrant (a “Warrant”). Each
Warrant entitles the holder thereof to acquire one additional
common share of the Company at an exercise price of $0.15 until May
8, 2023.
All securities issued and issuable in connection
with the Offering are subject to a statutory hold period expiring
on September 9, 2020.
Insiders of the Company subscribed for an
aggregate of 1,000,000 Units pursuant to the Offering. Proceeds of
the Offering will be used for investment purposes and general
working capital.
About ThreeD Capital Inc.
ThreeD is a publicly-traded Canadian-based
venture capital firm focused on opportunistic investments in
companies in the Junior Resources, Artificial Intelligence and
Blockchain sectors. ThreeD seeks to invest in early stage,
promising companies and ICOs where it may be the lead investor and
can additionally provide investees with advisory services,
mentoring and access to the Company’s ecosystem.
For further information: |
Gerry Feldman, CPA, CA |
Chief Financial Officer and Corporate
SecretaryFeldman@threedcap.com |
Phone: 416-941-8900 ext 106 |
ThreeD Capital (CSE:IDK)
Historical Stock Chart
From Nov 2024 to Dec 2024
ThreeD Capital (CSE:IDK)
Historical Stock Chart
From Dec 2023 to Dec 2024