From Stockwatch this afternoon: Mr. Lee Buckler Reports:
"REPLICEL ANNOUNCES EXTENSION TO NON-BROKERED PRIVATE PLACEMENT
The TSX Venture Exchange has granted a two-week extension until Dec. 30, 2022, for completion of the company's non-brokered private placement.
The terms of the offering provide for the issuance of up to 10.5 million units at a price of 10 cents per unit for gross proceeds of up to $1.05-million. Each unit consists of one common share of the company and one-half of one share purchase warrant. Each whole warrant entitles the holder thereof to purchase one additional share of the company at a price of 20 cents per share for a period of three years from closing of the offering. The offering is subject to the approval of the exchange. Insiders may participate in the offering."
O.K. a bit weird here. First this is from Lee Buckler who is no longer the CEO of the company. Secondly this is the second time they have extended the closing of the PP. First it was Nov. 18th, then it was Dec. 16th, now it is Dec. 30th.
The first extension was due to "increased demand". If there was an increased demand from $800,000 from the first PP to $1,050,000 , what happened ?
REPLICEL ANNOUNCES EXTENSION TO NON-BROKERED PRIVATE PLACEMENT
The TSX Venture Exchange has granted a two-week extension until Dec. 30, 2022, for completion of the company's non-brokered private placement.
The terms of the offering provide for the issuance of up to 10.5 million units at a price of 10 cents per unit for gross proceeds of up to $1.05-million. Each unit consists of one common share of the company and one-half of one share purchase warrant. Each whole warrant entitles the holder thereof to purchase one additional share of the company at a price of 20 cents per share for a period of three years from closing of the offering. The offering is subject to the approval of the exchange. Insiders may participate in the offering.
Fi