MCX Technologies Announces US$2.5 Million Private Placement
February 01 2022 - 10:00AM
via InvestorWire – MCX Technologies Corp. (TSXV: MCX) announces
that the Company intends on completing a non-brokered private
placement offering to raise gross proceeds up to US$2.5 million
(the “Offering”). The Offering will consist of issuing up to
20,000,000 common shares of the Company (the “Common Shares”), at a
price of US$0.10 per Common Share.
MCX plans to use the proceeds of the Offering for general
working capital as the Company transitions into developing Web 3.0
technologies and applications.
Any Common Shares issued under this offering are subject to
customary hold periods. Further, any Common Shares issued under
this offering have not been and will not be registered under the
United States Securities Act of 1933 and may not be offered or sold
in the United States absent registration or an applicable exemption
from registration requirements. Accordingly, the Common Shares will
be offered and sold in the United States only to accredited
investors and outside the United States to non-U.S. persons in
compliance with Regulation S. This announcement does not constitute
an offer to sell or the solicitation of an offer to buy any
securities that may be offered as part of the Offering in any
jurisdiction in which such an offer or sale would be unlawful
before registration or qualification under the securities laws of
any such state
For further information:Christopher Rowlison,
CEOPhone: 1.208.863.6243Email: ir@mcxtechnologies.io
Neither TSX-V nor its Regulation Services Provider (as that term
is defined in the policies of the TSX-V) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking InformationStatements contained
in this release that are not historical facts are forward-looking
statements that involve various risks and uncertainty affecting the
business of MCX. In making the forward-looking statements, MCX has
applied certain assumptions that are based on information
available, including MCX’s strategic plan for the near and
mid-term. There can be no assurance that such information will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking information. MCX does not undertake to update any
forward-looking information, except in accordance with applicable
securities laws.
Wire Service ContactInvestorWire (IW) Los
Angeles, Californiawww.InvestorWire.com212.418.1217
OfficeEditor@InvestorWire.com
MCX Technologies (TSXV:MCX)
Historical Stock Chart
From Nov 2024 to Dec 2024
MCX Technologies (TSXV:MCX)
Historical Stock Chart
From Dec 2023 to Dec 2024