TSXV:TECT - Post Discussion
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Betteryear2 on Oct 01, 2023 8:17pm
Tectonic Metals Announces Crescat Becoming a Control Person
VANCOUVER, BC / ACCESSWIRE / September 29, 2023 / Tectonic Metals Inc. (TSX-V:TECT)(OTCQB:TETOF)(FSE:T15B) ( " Tectonic " or the " Company " ), a junior explorer that applies a disciplined and up-front approach to addressing the economics, community benefits, and sustainability of its projects, today announced that Crescat Capital LLC (including its associates and affiliates - together " Crescat ") and the Company received approval from disinterested shareholders at the Company's Annual General and Special Meeting on September 21, 2023, as well as TSXV approval, for Crescat to become a Control Person as defined by the Securities Act and in the TSXV's policies. Concurrent with this approval, the Company closed a final tranche (the " Final Tranche ") of the previously announced a brokered private placement (the " Offering ") for gross proceeds of $560,000 from Crescat. Closing of the Final Tranche was subject to Crescat becoming a Control Person and attaining TSXV approval. Unless otherwise noted, all amounts are expressed in Canadian dollars. Tectonic Metals Announces Crescat Becoming a Control Person and Closing of Related Tranche (accesswire.com)
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