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Billy Goat Brands (CSE:GOAT) closes private placement

Consumer
CSE:GOAT
21 June 2022 08:45 (EDT)
Goat Industries

Goat Industries

Billy Goat Brands (GOAT) has closed a non-brokered private placement for gross proceeds of $807,500.

The company issued 16,150,000 special warrants priced at $0.05 per warrant. Each special warrant is convertible into one common share and one transferable common share purchase warrant. Each purchase warrant entitles the holder to purchase one additional share for a period of 60 months.

All securities issued are subject to a four-month hold period, after which time the special warrants are convertible into units.

Billy Goat Brands is a venture capital platform focused on high-potential companies operating in plant-based protein, functional foods, food technology and fermented foods.

Billy Goat Brands Ltd. (GOAT) opened trading at C$0.035 per share.

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