(Image via ArcPacific Resources Corp.)
The latest offering on the Stockhouse DealRoom is Canadian Company ArcPacific Resources Corp. (TSX-V: ACP, Forum), who recently announced that it is expanding its business through the potential participation in a key new liquefied natural gas (LNG) project development in North America.
Investors can download a copy of the subscription agreement here.
As recently covered in-depth by Stockhouse Editorial, the Company has acquired a complete vertically-integrated operation to establish a virtual pipeline of Canadian LNG to ship to buyers in Asia.
What do investors get for buying in to ArcPacific? Quite a bit, actually.
ArcPacific intends to access massive supplies of low-cost Canadian LNG feedstock from active producers. ACP can capitalize on two key competitive advantages:
As part of bringing this project to its full potential, ArcPacific is advancing a non-brokered private placement of $700,000. Via the release on the deal, each unit is priced at $0.07 and consists of one common share of the Company and one half of one warrant of the Company to purchase one Common Share.
ArcPacific is already putting its finances to good use and recently closed a non-brokered private placement of 6.7 million units of the Company for gross proceeds of $338,000 (CAD) in January 2020.
The Company will continue to raise up to $10 million through continued large brokered financing; doing its part to bring its $30 million share in risk capital to this LNG project. Offering a substantial assist, are its partners in Calgary. It is anticipated that these gas producers will provide at least $20 million of this risk capital toward the project. Further development capital for up to $4 billion (USD) from ArcPacific’s Korean partners will arrive once permits for the LNG project are fully secured.
Act fast, the offering is expected to close by February 17th, 2020.
Investors can download a copy of the subscription agreement here.
To participate in the ArcPacific Resources private placement click HERE
For more information, contact:
David R. Robinson
dr@columbia-capital.com
403-399-9047
The Stockhouse DealRoom: your destination to participate in exclusive financings, featuring some of the best companies – and deals – currently available on the market.
FULL DISCLOSURE: ArcPacific Resources Corp. is a paid client of Stockhouse Publishing. Stockhouse Publishing Ltd. (Stockhouse) is not registered as a broker, dealer, exempt market dealer, or any other registrant in any securities regulatory jurisdiction and will not be performing any registerable activity as defined by the applicable regulatory bodies. This deal room is for informational purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees, and expenses. The information contained in this deal room is selective and does not purport to contain all the information relating to ArcPacific Resources Corp. In all cases, parties should conduct their own investigation and due diligence, not rely solely on the data provided herein and are encouraged to consult with a financial adviser, lawyer, accountant, and any other professional that can help to understand and assess the risks associated with any investment opportunity.