AXCAP VENTURES INC. Announces Closing of Private Placement
VANCOUVER, BC / ACCESSWIRE / June 17, 2024 / AXCAP VENTURES INC. (CSE:AXCP) (the "Company") is pleased to announce that further to its news release dated June 4, 2023, the Company has completed the previously announced non-brokered private placement of 2,000,000 common shares in the capital of the Company (the "Common Shares") at a price of $0.075 per Common Share for aggregate gross proceeds of $150,000 (the "Offering").
The Offering was completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions. Accordingly, the Common Shares issued in the Offering are not subject to a statutory hold period in accordance with applicable Canadian securities laws. There is an offering document related to the Offering, which can be accessed under the Company's profile at www.sedarplus.ca. Prospective investors should read this offering document prior to making any investment decisions.