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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (35683)10/24/2017 4:19:09 PM
From: Goose94Read Replies (2) of 203569
 
ThreeD Capital (IDK-Cse) Oct 24, '17 has completed a non-brokered private placement announced on Oct. 16, 2017, pursuant to which it has issued 11.55 million units at a price of 10 cents per unit to raise aggregate gross proceeds of $1,155,000. Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder thereof to acquire one additional common share of the company at an exercise price of 15 cents until Oct. 24, 2020.

All securities issued and issuable in connection with the offering are subject to a statutory hold period expiring on Feb. 25, 2018.

Insiders of the company subscribed for an aggregate of 1.25 million units pursuant to the offering. Proceeds of the offering will be used for investment purposes and general working capital.

About ThreeD Capital Inc.

ThreeD is a publicly traded Canadian-based venture capital firm focused on opportunistic investments in companies in the resource, technology and biotechnology markets.

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
feldman@threedcap.com
telephone: 416 606 7655
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