- SBD Capital (SBD) has completed a non-brokered private placement for gross proceeds of $45,000
- The company issued 1,800,000 units at a price of $0.025 per unit
- Proceeds will be used for general working capital purposes
- SBD Capital acquires controlling interests in companies in the manufacturing and distribution industries
- SBD Capital Corp. (SBD) opened trading at C$0.03 per share
SBD Capital (SBD) has completed a non-brokered private placement for gross proceeds of $45,000.
The company issued 1,800,000 units at a price of $0.025 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one share for $0.05 for a period of twenty-four months from the closing of the offering.
All securities issued are subject to a four-month statutory hold period. In addition, all securities issued are subject to a contractual hold period of six months from the date of issuance.
Proceeds will be used for general working capital purposes.
SBD Capital acquires controlling interests in companies in the manufacturing and distribution industries.
SBD Capital Corp. (SBD) opened trading at C$0.03 per share.