お知らせ • Dec 16
CHARBONE Hydrogen Corporation announced that it expects to receive CAD 1.5 million in funding
CHARBONE Hydrogen Corporation announced non-brokered private placement of up to 12,500,000 unit at an issue price of CAD 0.12 per unit for gross proceeds up to CAD 1,500,000 on December 15, 2022. Each of the units consists of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of CAD 0.20 for a period of 24 months following the closing date of the Offering. The Offering is open to eligible shareholders until December 23, 2022. The company entered into agreement ,where units are issued in first come, first served basis. The Existing Shareholder Exemption limits a shareholder to a maximum investment of CAD 15,000 in a 12- month period unless the shareholder has obtained advice regarding the suitability of the investment from a person registered as an investment dealer. At the Closing Dates, the Company may pay a finder’s fee or commission to registered finders in connection with sale of Units to qualified subscribers introduced to the Company by such finders. The closing of the Offering remains subject to the approval of the TSX Venture Exchange and other customary closing conditions. The Company intends to close a second tranche in the coming weeks, but no later than January 20, 2023. All securities issued pursuant to the Offering are subject to a statutory four month hold period in Canada following the Closing Date. The company will issue 8,115,031 units in its second tranche for gross proceeds of CAD 973,804. In the subscription agreements, subscribers who are eligible shareholders will be required to represent that they held common shares of on the record date and will continue to hold common shares on the closing date, indicate the total number of units they wish to subscribe for at the price of CAD 0.12 per Unit and provide funds, by wire transfer only, for the purchase of the Units. In the event that there is an over-subscription for Units as at December 23, 2022, subscriptions will be adjusted pro rata to reduce the Offering allocated pursuant to the existing shareholder exemption to a maximum of CAD 1,500,000 of units. Although the offering is not being offered pro rata, all shareholders of the Company effective as of the record date will be treated equally. However, the Company reserves the right not to accept subscription amounts of less than CAD 4,800 (40,000 Units) to avoid disproportionate administrative costs. The Company may use other available exemptions to place the balance of the Units comprised in the CAD 1,500,000 maximum amount of the offering, if any, remaining on December 23, 2022.The Units were offered by way of the “accredited investor” exemptions under National Instrument 45-106.In addition, the Company has decided that the Offering will also be open to participation by existing shareholders resident in Canada.
On the same date the company issued 4,384,969 units for gross proceeds of CAD 526,196.28 in its first tranche.