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Hampton Financial (TSXV:HFC) closes private placement

Finance, Market News
TSXV:HFC
20 January 2023 08:45 (EDT)

Hampton Financial Corporation (HFC) has closed a private placement for gross proceeds of $350,000.

The company issued 500,000 subordinate voting shares at the price of $0.70 per share.

The sole subscriber under the private placement was Deeb & Company Limited, a corporation controlled by Peter Deeb, the CEO of Hampton Financial.

Hampton Financial Corporation is a private equity firm that seeks to build shareholder value through long-term strategic investments. Through its subsidiary, Hampton Securities Limited, Hampton is engaged in family office, wealth management, institutional services and capital markets activities.

Hampton Financial Corporation (HFC) opened trading at C$0.70.


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