Sucro Ltd V.SUGR.WT

Primary Symbol: V.SUGR Alternate Symbol(s): SUGRF

Consumer Defensive Food Distribution

Sucro Limited is an integrated sugar company focused on serving the North American market. It offers SweetLife by Sucro Organic Cane Sugar, which is a new granulated organic cane sugar. With SweetLife by Sucro, it offers expanded industry solutions across multiple platforms, including facilities for processing and warehousing. SweetLife by Sucro also offers end-product conventional cane, organic sugar and other specialty sweetener products. It provides a variety of refining and sales of conventional and organic sugars, including Granulated Sugar and Liquid Sucrose. Its integrated supply chain includes refined sugar from its own refineries in the United States and Canada, along with sourcing raw and refined sugar from countries throughout Latin America and delivering to customers in North America and the Caribbean. It has established a production, sales and sourcing network throughout North America with two cane sugar refineries and an additional value-added processing facility.

TSXV:SUGR - Post by User

Sucro Ltd

Bullboard Posts

Post by brandonnon Feb 11, 2014 10:03am

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Post# 22194820

Relentless closes $450,000 financing, grants options

2014-02-11 09:05 ET - News Release

Mr. Ron Peshke reports

RELENTLESS RESOURCES CLOSES UNIT PRIVATE PLACEMENT AND GRANTS STOCK OPTIONS

Relentless Resources Ltd. has closed the previously announced non-brokered private placement offering of units, by issuing 4,285,714 units at a price of 10.5 cents per unit for gross proceeds of $450,000. Each unit comprises one common share and one-half of a share purchase warrant of the company, resulting in the issuance of 4,285,714 common shares and 2,142,856 warrants under the offering.

Subject to vesting, each whole warrant is exercisable into one common share until Feb. 10, 2019, at a price of 14 cents per share. The warrants vest and become exercisable as to one-third upon the 20-day weighted-average trading price of the common shares equalling or exceeding 20 cents, an additional one-third upon the market price equalling or exceeding 25 cents and a final one-third upon the market price equalling or exceeding 30 cents.

All securities issued under the offering, including the common shares issuable upon exercise of the warrants, are subject to a four-month-plus-a-day hold period from the date of issuance expiring June 11, 2014, in accordance with applicable securities laws. There are no finder's fees associated with the offering. The offering is subject to receipt of final acceptance from the TSX Venture Exchange.

Stock options

The company's board of directors has approved the issuance of stock options effective Feb. 11, 2014, to purchase 428,580 common shares of the corporation at a price of 19 cents per share, exercisable until Feb. 11, 2019. The options vest immediately and are being issued to officers and directors of the company in accordance with the company's stock option plan. The stock options (and the common shares issuable thereunder) are subject to a four-month-plus-a-day hold period, expiring June 12, 2014, in accordance with applicable securities laws. These stock option grants are subject to final approval of the TSX-V.

We seek Safe Harbor.