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An anonymous director reports
AXCAP VENTURES INC. ANNOUNCES PRIVATE PLACEMENT
Axcap Ventures Inc. has arranged a non-brokered private placement of up to two million common shares at a price of 7.5 cents per share, for aggregate gross proceeds of up to $150,000. The company intends to use the proceeds raised from the offering for additional investments and general corporate purposes. The offering is expected to close by the end of June, 2024. The offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the Canadian Securities Commission
The offering is being completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 -- Prospectus Exemptions and therefore the securities issued in the offering will not be subject to a hold period in accordance with applicable Canadian securities laws. There will be an offering document related to the offering that will be available under the company's profile at SEDAR+. Prospective investors should read this offering document before making an investment decision.
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