- Dynamic Technologies Group (DTG) has announced a non-brokered private placement for gross proceeds of approximately C$5,000,000
- The company will issue 16,000,000 units at a price of C$0.3125 per unit
- The first tranche of the offering is expected to close on April 14, 2022
- Dynamic Technologies Group designs attractions and ride systems for the global theme park industry
- Dynamic Technologies Group Inc. (DTG) opened trading at $0.30 per share
Dynamic Technologies Group (DTG) has announced a non-brokered private placement for gross proceeds of approximately C$5,000,000.
The company will issue 16,000,000 units at a price of C$0.3125 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to one additional share at a price of $0.50 for twenty-four months. All securities issued will be subject to a four-month hold period.
The offering will close in multiple tranches the first of which is anticipated to close on April 14, 2022.
Dynamic is a leader in the design engineering, production, and commissioning of media-based attractions and ride systems for the theme park industry and entertainment destinations.
Dynamic Technologies Group Inc. (DTG) opened trading at $0.30 per share.
