RE:Seriously?Pretty pathetic:
Molori Energy arranges $450,000 private placement
2020-02-04 16:00 MT - News Release
Mr. Joel Dumaresq reports
MOLORI ENERGY ANNOUNCES $450,000 NON-BROKERED PRIVATE PLACEMENT
Molori Energy Inc. has arranged a non-brokered private placement of up to 2.25 million common shares at a price of 20 cents per common share for aggregate gross proceeds of up to $450,000.
In connection with the private placement, the company may pay a finder's fee within the amount permitted by the policies of the TSX Venture Exchange.
Closing of the private placement is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval from the TSX-V. All securities issued in connection with the private placement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities legislation.
The net proceeds from the private placement will be used for general corporate and working capital purposes.
We seek Safe Harbor.
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