Fortress Technologies Inc (C:FORT)
Shares Issued 69,727,984
Last Close 5/6/2021 $0.475
Thursday May 6 2021 - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced March 26, 2021.
Number of shares:14,794,700 common shares Purchase price:63 cents per share Warrants:14,794,700 share purchase warrants to purchase 14,794,700 shares Warrant exercise price:82 cents for a period of five years Number of placees:20 placees Broker's fee:Canaccord Genuity Corp. received and aggregate of $559,239.66 in cash and 887,682 broker's warrants, with each finder's warrant exercisable into one common share and one common share purchase warrant at 63 cents for a period of five years. Each underlying warrant is exercisable into one common share on the same terms as the private placement warrant.
For more information, please refer to the company's news releases dated Feb. 24, 2021, and March 26, 2021.