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Strategies & Market Trends : Dino's Bar & Grill

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From: Goose945/7/2020 2:57:16 AM
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Tilting Capital (TLL.H-V) Closing of PP $760k, currently seeking new business opportunities

May 6, '20 - NR

Tilting Capital announces that it has closed anon-brokered private placement of 15,200,000 units(the “Units”) at a price of $0.05per Unit for total proceeds of $760,000. Each Unit consists of one common share and one-half of a common share purchase warrant (a “Warrant”). Each whole warrant shall entitle the holder thereof to acquire one common share at a price of $0.30per share for a period of 12months. The proceeds of the private placement will be used for the Company’s general working capital deficit and for the Company’s continuous disclosure requirements. There were no finders fees paid in connect with the private placement. All common shares and Warrants issued pursuant to the private placement will be subject to a four month hold periodexpiring on September 7, 2020.

The Company is currently seeking new business opportunities.

ON BEHALF OF THE BOARD OF DIRECTORS

TILTING CAPITAL CORP.

Patrick McGrath
Chief Executive Officer, Chief Financial Officer and Corporate Secretary

For further information contact:

Patrick McGrath
Telephone: (832) 499-6009
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