NetworkNewsBreaks – HTC Extraction Systems (TSX.
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Posted On: 10/17/2019 3:52:59 PM
NetworkNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Announces Repricing of “Bought Deal” Brokered Private Placement
HTC Extraction Systems (TSX.V: HTC) today announced that it has repriced its “bought deal” brokered private placement initially announced on July 3, 2019 and amended on September 27, 2019. According to the update, the repricing of the private placement more accurately reflects the current market price of the company’s common shares. Under the terms of the offering, Canaccord Genuity Corp. will act as sole bookrunner and lead underwriter, on behalf of a syndicate of underwriters, and purchase, on a “bought deal” private placement basis, 25,000,000 units of the company, each at a price of C$0.40, for aggregate gross proceeds of C$10,000,000.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
HTC Extraction Systems (TSX.V: HTC) today announced that it has repriced its “bought deal” brokered private placement initially announced on July 3, 2019 and amended on September 27, 2019. According to the update, the repricing of the private placement more accurately reflects the current market price of the company’s common shares. Under the terms of the offering, Canaccord Genuity Corp. will act as sole bookrunner and lead underwriter, on behalf of a syndicate of underwriters, and purchase, on a “bought deal” private placement basis, 25,000,000 units of the company, each at a price of C$0.40, for aggregate gross proceeds of C$10,000,000.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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