Global Compliance Applications Corp. Closes First Tranche of Private Placement
Global Compliance Applications Corp. closed the first tranche of its private placement, issuing 41 million units at $0.005 per unit for gross proceeds of CAD$205,000. Each unit includes one share plus a two-year warrant exercisable at $0.05, with proceeds going to general working capital and a four-month-plus-one-day hold period running to February 3, 2027.
Key figures
- Offering Price
- 0.005
- Shares Offered
- 41000000
- Gross proceeds
- CAD$205,000
- Warrant expiry
- October 2, 2028
- Hold period expiry
- February 3, 2027
- Warrant exercise price
- $0.05
AI analysis
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