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Fineqia International Inc. (CSE:FNQ) upsizes private placement

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CSE:FNQ
08 August 2022 13:15 (EDT)

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Fineqia International (FNQ) has upsized its non-brokered private placement for gross proceeds of up to $5 million.

The company will issue up to 500,000,000 units for $0.01 per unit.

The company has closed the first tranche of the offering, raising gross proceeds of $345,000.

Each unit consists of one common share and one share purchase warrant exercisable for three years at a price of $0.05 per share.

Bundeep Singh Rangar, CEO of Fineqia, sat down with Sabrina Cuthbert to discuss the capital raise.

Fineqia International provides an online platform and associated services for the placement of debt instruments allowing individuals and financial institutions to invest in high-yield debt securities.

Fineqia International Inc. (FNQ) opened trading at C$0.005.


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