ROCHESTER, N.Y., Feb. 6, 2016 /CNW/ -- Natcore Technology
Inc. (TSX-V: NXT; OTCQB: NTCXF) has
completed the third and final tranche of its proposed non-brokered
private placement, as announced on November
26, 2015. Gross proceeds of $98,300.88 were raised through the sale of
273,058 units at a price of $0.36 per
unit. Each unit comprised one common share and one share purchase
warrant. Each warrant entitles the holder to purchase of a further
common share at $0.55 for a period of
three years.
The securities issued in the final tranche are subject to a hold
period in Canada expiring on
June 6, 2016. Proceeds of the
placement will be applied to further development of Natcore's
technologies and general working capital.
This press release shall not constitute an offer to sell or
solicitation of an offer to buy the securities in any
jurisdiction. Neither the United States Securities and
Exchange Commission ("SEC"), the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) opines as to, nor accepts
responsibility for, the adequacy or accuracy of this
release.
Contact: Chuck Provini
585.286.9180
Info@NatcoreSolar.com
SOURCE Natcore Technology Inc.
