ThreeD Capital Inc. Unveils New Private Placement Financing Deal

ThreeD Capital Inc. Introduces Private Placement Financing
ThreeD Capital Inc. is making waves with its latest announcement regarding a private placement financing initiative. As a prominent Canadian venture capital firm specializing in investments within junior resources and disruptive technologies, ThreeD aims to raise $360,000 through the sale of up to 6,000,000 Units at a price of $0.06 each.
Understanding the Private Placement Terms
The Private Placement involves Units that include one common share paired with a common share purchase warrant. These warrants grant holders the right to acquire additional shares at an exercise price of $0.15, effective for a period extending up to 60 months. Notably, the company does not plan on paying any commissions or finders’ fees during this transaction, meaning all proceeds will fully support the company’s objectives.
Investment Strategy and Goals
The funds raised from this placement are earmarked for general working capital needs and potential investments. This approach aligns with ThreeD’s mission of fostering innovation through strategic investments in promising companies. The firm actively seeks out early-stage businesses across various sectors, providing not just financial support but also invaluable advisory services and access to a robust investment ecosystem.
Regulatory Approval Required
It’s important to note that the completion of this Private Placement is contingent upon approval from the Canadian Securities Exchange. This is a standard procedure and ensures the transparency and integrity of all transactions carried out by publicly-traded entities.
About ThreeD Capital Inc.
ThreeD Capital Inc., listed on both the CSE and the OTCQX, prides itself on its proactive investment strategies. The company invests in businesses positioned at the nexus of disruptive technology and junior resource sectors. This dual focus not only diversifies their portfolio but also increases their influence as a leading venture capital firm.
Contact Information
For further inquiries, interested parties can reach out to Matthew Davis, the Chief Financial Officer and Corporate Secretary. He can be contacted at 416-941-8900 or via email at info@threedcap.com.
Frequently Asked Questions
What is the purpose of the private placement financing?
The private placement financing aims to raise capital for general working purposes and potential investments in promising companies.
How many units are available in the private placement?
ThreeD Capital Inc. is offering up to 6,000,000 units, each priced at $0.06.
What does each unit consist of?
Each unit includes one common share and one common share purchase warrant with an exercise price of $0.15.
What regulatory approval is needed for this financing?
The financing is subject to approval from the Canadian Securities Exchange.
How does ThreeD Capital Inc. support its investees?
ThreeD provides advisory services and access to its ecosystem, enhancing the prospects of its investees.
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