Cover Technologies (CSE:COVE) closes private placement

Technology

CSE:COVE

1 min

Cover Technologies (COVE) has closed a non-brokered private placement for gross proceeds of $370,624.91
The company issued 1,453,431 common shares at a price of $0.255 per share
Cover is a technology research and development company with a focus on emerging technologies and solutions
Cover Technologies Inc. (COVE) opened trading at C$0.53 per share

Cover Technologies (COVE) has closed a non-brokered private placement for gross proceeds of $370,624.91.

The company issued 1,453,431 common shares at a price of $0.255 per share.

The company intends to use the net proceeds for payment of current payables and general working capital purposes.

All securities issued are subject to a statutory hold period of four months and one day from the date of issuance.

Cover is a technology research and development company with a focus on emerging technologies and solutions.

Cover Technologies Inc. (COVE) opened trading at C$0.53 per share.

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