Canada Carbon Closes $990,000 Flow-Through Financing

Canada Carbon (TSXV:CCB) has closed its non-brokered private placement for $990,000.

As quoted in the press release:

Specifically, the Company issued 3,000,000 flow-through shares (“Shares”) at a price of $0.33 per share to two subscribers. No warrants were issued to the placees in conjunction with this private placement. The issue price of the shares exceeds the 52-week high share price.

Finder’s fees of $69,300 were paid in connection with the Private Placement to Secutor Capital Management Corporation. In accordance with applicable securities legislation, all securities issued in the Private Placement are subject to a statutory hold period of four months and one day.

Click here to read the Canada Carbon (TSXV:CCB) press release
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