There is $.10 placement on this stock that is free trding AND the MJ market is dry for financing. These guys keep repricing from $1 to $.50 to now $.40...The market will not support it and Csannacord is tryong toforce it brcsause of a bought dewl financing.. Big guyd like TGOD cant grt funding do HTC should be on the same boat.
Here is the last placement that came free trading Oct 5....%.$.10 with $.15 warrant
HTC PURENERGY INC. (DBA "HTC EXTRACTION SYSTEMS") ANNOUNCES PRIVATE PLACEMENT CLOSING
HTC Purenergy Inc. has closed the private placement, previously announced on May 24, 2019, by issuing 29.75 million units at a price of 10 cents per unit, for the gross proceeds of $2,975,000. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of HTC at 15 cents per common share until June 3, 2024. The common shares issued are subject to a hold period under applicable securities law until Oct. 5, 2019. Warrants are convertible by HTC, in its discretion, into common shares at the conversion price of 15 cents per common share in the event that the common shares trade at 80 cents or more for 20 or more consecutive trading days on the TSX Venture Exchange. Currently HTC has 68,413,741 common shares issued and outstanding. The private placement was approved by the board of directors of the corporation and the TSX Venture Exchange.
Proceeds of the private placement will be used for business development, including hemp biomass toll extraction, processing and general corporate purposes.
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