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360 Capital Financial Services Group Inc. Announces Non-Brokered Private Placement

C.CODE

(TheNewswire)

 

Vancouver, BC / TheNewswire / March 28, 2017 – 360 Capital Financial Services Group Inc. (“360 Capital” or the “Company”)(CSE: TSZ, www.360capital.ca ), is pleased to announce it has reserved a placement price of $0.03 per unit for a non-brokered private placement of up to $750,000.

 

The offering will consist of up to twenty-five (25) million units, with each unit comprising one common share of the Company and one transferable common share purchase warrant. Each warrant will entitle the holder to purchase one common share for a period of three years from the closing date of the offering at an exercise price of $0.05 per share. The offering shall be sold pursuant to exemptions from prospectus requirements in accordance with applicable securities law and Canadian Securities Exchange policies. The proceeds of the private placement will be utilized for the Company’s working capital purposes and to invest in new business opportunities.

 

Subscriptions have not been received and further announcement will be made on closing. All securities issued pursuant to the offering will be subject to a four-month hold period in accordance with applicable securities law.

 

About 360 Capital Financial Services Group Inc.

360 Capital Financial Services Group (CSE: TSZ, www.360capital.ca ), through our subsidiaries and affiliated companies, provides a broad range of financial services to emerging private and public companies. We “Connect Capital to Growth™” by raising equity, providing corporate finance advisory, merchant banking, IPO consulting and market support services for our clients. To assist in fulfilling these services, 360 Capital has created our 360 Funding Escalator™ model which bridges the capital raising gap from early stage development to exit and liquidity for emerging companies. This enables us to help develop, grow, and invest in venture business opportunities through equity investments, acquisitions, partnerships, JVs, and strategic alliances in Canada and Asia.

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

For further information, please contact:

Michael Ruggles, Investor Relations & Strategic Initiatives

Email: mruggles@360capital.ca  

Corporate E-mail: info@360capital.ca

  

Copyright (c) 2017 TheNewswire - All rights reserved.