• ScreenPro Security (SCRN) has announced a non-brokered private placement financing for gross proceeds of up to $1,000,000
  • The company will issue up to 20 million units for $0.05 per unit
  • The gross proceeds will be used for general working capital
  • The offering is expected to close on or about November 17, 2022
  • ScreenPro is a medical technology company
  • ScreenPro (SCRN) opened trading at C$0.025

ScreenPro Security (SCRN) has announced a non-brokered private placement financing for gross proceeds of up to $1,000,000.

The company will issue up to 20 million units for $0.05 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to acquire one additional share for a period of eighteen months.

The gross proceeds will be used for general working capital, growth, expansion, and general corporate purposes.

ScreenPro may pay a cash finders’ fee.

The offering is expected to close on or about November 17, 2022.

All securities issued will be subject to a statutory four-month hold period.

ScreenPro is a medical technology company that provides turnkey screening solutions with its proprietary medical alerting software. ScreenPro also recently introduced Naturevan Nutrition Ltd. to its portfolio, providing vitamins and supplements that are made in Canada and distributed for sale online.

ScreenPro (SCRN) opened trading at C$0.025.


More From The Market Online

Dream Water Kids Sleep Gummies set for US summer debut

Delivra Health (TSXV:DHB) will launch a new line of kids sleep gummies under its Dream Water brand across the US market this June.

Embattled UAE orders SPARC AI’s GPS-free drone technology

SPARC AI to send its GPS-denied mobile drone navigation and targeting technology to a group working with the UAE Ministry of Defense.

Buzz on the Bullboards: Oil shock, biotech breakthroughs and new tech

Global equities lurched from rally to rout since the U.S.–Israel strikes on Iran ignited a regional war and shutdown of the Strait of Hormuz.

RZOLV recycles silver from solar panel scraps

RZOLV Technologies (TSXV:RZL) achieved 89.8 per cent silver recovery rates in preliminary bench-scale tests on solar panel concentrate.