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TrustBIX Inc. (TSXV: TBIX) has announced a non-brokered private placement of up to 5,000,000 common shares at $0.02 per share, aiming to raise gross proceeds of up to $100,000. The proceeds will be used for general working capital. The shares will be subject to a four-month and one-day statutory hold period following the closing date. The placement will be conducted under National Instrument 45-106 exemptions for accredited investors, employees, executive officers, directors, consultants, and existing security holders.
TrustBIX Inc. (TSXV: TBIX) ha annunciato un collocamento privato non intermediato di fino a 5.000.000 di azioni ordinarie a $0,02 per azione, con l’obiettivo di raccogliere proventi lordi fino a $100.000. I proventi saranno utilizzati per il capitale operativo generale. Le azioni saranno soggette a un periodo di blocco di quattro mesi e un giorno dopo la data di chiusura. Il collocamento sarà effettuato ai sensi delle esenzioni del National Instrument 45-106 per investitori accreditati, dipendenti, dirigenti, membri del consiglio, consulenti e attuali detentori di titoli.
TrustBIX Inc. (TSXV: TBIX) ha anunciado una colocación privada no mediada de hasta 5,000,000 de acciones ordinarias a $0.02 por acción, con el objetivo de recaudar ingresos brutos de hasta $100,000. Los ingresos se utilizarán para capital de trabajo general. Las acciones estarán sujetas a un período de retención de cuatro meses y un día después de la fecha de cierre. La colocación se llevará a cabo bajo las exenciones del National Instrument 45-106 para inversores acreditados, empleados, funcionarios ejecutivos, directores, consultores y titulares de valores existentes.
TrustBIX Inc. (TSXV: TBIX)는 최대 5,000,000주의 보통주를 $0.02 per share에 비거래 체결로 사모 배정한다고 발표했으며, 총 자본금 $100,000을 모으는 것을 목표로 하고 있습니다. 모금된 자금은 일반 운영 자본으로 사용될 것입니다. 주식은 마감일 이후 4개월 및 1일의 법적 보유 기간에 따라 제한됩니다. 이 배정은 공인 투자자, 직원, 경영진, 이사, 컨설턴트 및 기존 증권 보유자를 위한 National Instrument 45-106 면제에 따라 진행될 것입니다.
TrustBIX Inc. (TSXV: TBIX) a annoncé un placement privé non intermédiaire d’un maximum de 5 000 000 d’actions ordinaires au prix de 0,02 $ par action, visant à lever des produits bruts allant jusqu’à 100 000 $. Les produits seront utilisés pour le fonds de roulement général. Les actions seront soumises à une période de blocage de quatre mois et un jour après la date de clôture. Le placement sera réalisé en vertu des exemptions de l’Instrument national 45-106 pour les investisseurs accrédités, les employés, les dirigeants, les administrateurs, les consultants et les détenteurs de titres existants.
TrustBIX Inc. (TSXV: TBIX) hat eine nicht vermittelte Privatplatzierung von bis zu 5.000.000 Stammaktien zu $0,02 pro Aktie angekündigt, mit dem Ziel, Bruttoerlöse von bis zu $100.000 zu erzielen. Die Erlöse werden für allgemeines Betriebskapital verwendet. Die Aktien unterliegen einer viermonatigen und eintägigen gesetzlichen Haltedauer nach dem Abschlussdatum. Die Platzierung erfolgt unter den Ausnahmen des National Instrument 45-106 für akkreditierte Investoren, Mitarbeiter, leitende Angestellte, Direktoren, Berater und bestehende Wertpapierinhaber.
Positive
- Securing additional working capital through private placement
Negative
- Potential dilution of existing shareholders through issuance of 5 million new shares
- Low share price of $0.02 indicates challenging market conditions
- Small financing amount of $100,000 suggests funding capacity
Edmonton, Alberta–(Newsfile Corp. – November 13, 2024) – TrustBIX Inc. (TSXV: TBIX) (“TrustBIX” or the “Company”) is pleased to announce a non-brokered private placement (the “Private Placement“) of up to 5,000,000 common shares (“Common Shares”) at a price of $0.02 per Common Share for gross proceeds of up to $100,000, subject to TSX Venture Exchange (the “Exchange“) and other regulatory approvals. The Company intends to use the proceeds from the Private Placement for general working capital.
The Common Shares issued pursuant to the Private Placement will be subject to a statutory hold period lasting four (4) months and one (1) day following the closing date. The Common Shares issued under the Private Placement will be sold to investors pursuant to prospectus exemptions available under National Instrument 45-106, including exemptions for: accredited investor, employee, executive officer, director and consultant, and existing security holders.
About TrustBIX (TSXV: TBIX)
TrustBIX is an agricultural technology company providing Gate to Plate® solutions to create a world where we trust more, waste less, and reward sustainable practices. Our award-winning technologies offer practical tools trusted by local and international agri-food organizations.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229859
FAQ
What is the price per share in TrustBIX’s (TBIX) November 2024 private placement?
TrustBIX is offering common shares at $0.02 per share in the November 2024 private placement.
How much money is TrustBIX (TBIX) raising in their latest private placement?
TrustBIX aims to raise gross proceeds of up to $100,000 through the private placement of 5,000,000 common shares.
What is the hold period for TrustBIX (TBIX) shares from the private placement?
The common shares issued in the private placement will have a statutory hold period of four months and one day following the closing date.
