Clear Blue Technologies - CEO, Miriam Tuerk.
CEO, Miriam Tuerk.
Source: GlobeNewswire.
  • Clear Blue Technologies (CBLU) has closed an initial tranche of a non-brokered unit offering for gross proceeds of approximately $989,834
  • The company issued 5,822,554 units at a price of $0.17 per unit
  • Clear Blue Technologies delivers clean, managed, wireless power across 37 countries
  • Clear Blue (CBLU) ended the day trading at C$0.16 per share

Clear Blue Technologies (CBLU) has closed an initial tranche of a non-brokered unit offering for gross proceeds of approximately $989,834.

The company issued 5,822,554 units at a price of $0.17 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at a price of C$0.22 for a period of 24 months.

Proceeds will be used for working capital requirements.

The company paid finder’s fees of $69,288 in cash and issued 407,579 finder’s warrants.

Clear Blue Technologies delivers clean, managed, wireless power across 37 countries.

Clear Blue (CBLU) ended the day trading at C$0.16 per share.

More From The Market Online

Westinghouse Electric files for US IPO

Westinghouse Electric Company, jointly owned by Cameco and Brookfield Renewable Partners, confidentially filed for a US IPO.

The 5-Minute Investor Podcast, Ep. 72: The next AI gold rush is copper

Check out ep. 72 of The 5-Minute Investor Podcast, with analysis on copper stocks Freeport-McMoRan and Capstone Copper.

Buzz on the Bullboards: Contracts, cashflows, and delistings

Uncertainty around Iran has weighed on sentiment, reminding investors that even strong stories can be overshadowed by geopolitical risk.

EU authorizes new COVID vaccine from Pfizer and BioNTech

The EU grants marketing authorization to Pfizer and BioNTech's COVID-19 vaccine targeting the new XFG variant.