Attention!HTI Ventures to raise $23.14 million in private placement 07/21/2016 05:11 PM ET
Deal In Brief
Jul 21, 2016 (MarketLine Financial Deals Tracker via COMTEX News Network) -- HTI Ventures Corp., a Canada-based company engaged in the exploration and development of natural resource properties, is planning to issue up to 86 million shares at a price of CAD0.35 ($0.26 million) per share to raise gross proceeds of CAD30.1 million ($23.14 million) in a non-brokered private placement.
Deal Value (US$ Million) 23.14 Deal Type Private Placement Sub-Category None Deal Status Announced: 2016-07-20
Deal Participants
Target (Company) HTI Ventures Corp. Acquirer (Company) Undisclosed Investors*
Deal Rationale
HTI Ventures intends to use the proceeds for general working capital for the company.
Offer Price ($ per share) 0.26 No. Shares Issued 86000000
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