$VSBGF VSBLTY Files Final Prospectus in Respect of
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Posted On: 06/28/2021 12:08:44 PM
$VSBGF VSBLTY Files Final Prospectus in Respect of its Overnight Marketed Financing
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
PHILADELPHIA, June 24, 2021 /CNW/ - VSBLTY Groupe Technologies Corp. (the "Company" or "VSBLTY"
(CSE: VSBY) today announced that it has filed a final short form prospectus (the "Prospectus" in connection with its previously announced overnight marketed public offering (the "Offering" of units of the Company (the "Units" . The Prospectus qualifies the distribution of 16,000,000 Units at a price of $0.50 per Unit for aggregate gross proceeds of $8,000,000. The Offering is being conducted on a commercially reasonable "best efforts" basis in the provinces of British Columbia, Alberta, Saskatchewan and Ontario. Echelon Wealth Partners Inc. (the "Agent" is acting as agent for the Offering.
Each Unit will consist of one common share (a "Common Share" and one-half of one share purchase warrant (each whole share purchase warrant, a "Warrant" . Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.65 for 36 months from the Closing Date (as defined herein). The Company has applied to list the Warrants on the Canadian Securities Exchange.
The Agent will have an option to offer for sale up to an additional 15% of the Units sold pursuant to the Offering on the same terms as the Offering for market stabilization purposes and to cover overallotments, exercisable in whole or in part within 30 days of the Closing Date (the "Over-Allotment Option" , for additional gross proceeds of up to $1,200,000. The Over-Allotment Option may be in the form of Units only, Common Shares only, Warrants only, or any combination thereof.
https://finance.yahoo.com/news/vsblty-files-f...c=fin-srch
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
PHILADELPHIA, June 24, 2021 /CNW/ - VSBLTY Groupe Technologies Corp. (the "Company" or "VSBLTY"
(CSE: VSBY) today announced that it has filed a final short form prospectus (the "Prospectus" in connection with its previously announced overnight marketed public offering (the "Offering" of units of the Company (the "Units" . The Prospectus qualifies the distribution of 16,000,000 Units at a price of $0.50 per Unit for aggregate gross proceeds of $8,000,000. The Offering is being conducted on a commercially reasonable "best efforts" basis in the provinces of British Columbia, Alberta, Saskatchewan and Ontario. Echelon Wealth Partners Inc. (the "Agent" is acting as agent for the Offering. Each Unit will consist of one common share (a "Common Share"
and one-half of one share purchase warrant (each whole share purchase warrant, a "Warrant" . Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.65 for 36 months from the Closing Date (as defined herein). The Company has applied to list the Warrants on the Canadian Securities Exchange. The Agent will have an option to offer for sale up to an additional 15% of the Units sold pursuant to the Offering on the same terms as the Offering for market stabilization purposes and to cover overallotments, exercisable in whole or in part within 30 days of the Closing Date (the "Over-Allotment Option"
, for additional gross proceeds of up to $1,200,000. The Over-Allotment Option may be in the form of Units only, Common Shares only, Warrants only, or any combination thereof. https://finance.yahoo.com/news/vsblty-files-f...c=fin-srch
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