Business
37 Capital Announces Non-Brokered Private Placement Financing and Grants Options
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2025) - 37 Capital Inc. (CSE: JJJ) ("37 Capital" or the "Company") proposes to conduct a non-brokered private placement to raise up to $375,000 by the issuance of up to 3,000,000 units of the Company at a price of $0.125 per unit. Each unit will consist of one common share of the Company and one share purchase warrant to acquire one common share of the Company at a price of $0.15 per share for a period of three (3) years. If, anytime..
About this update from 37 Capital Incorporated
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - September 26, 2025) - 37 Capital Inc. (CSE: JJJ) ("37 Capital" or the "Company") proposes to conduct a non-brokered private placement to raise up to $375,000 by the issuance of up to 3,000,000 units of the Company at a price of $0.125 per unit. Each unit will consist of one common share of the Company and one share purchase warrant to acquire one common share of the Company at a price of $0.15 per share for a period of three (3) years. If, anytime after six months from the issuance date, in the event that the Company's shares trade on the CSE at $0.35 per share or above for a period of 10 consecutive trading days a, a forced exercise provision will come into effect for the warrants issued in connection with this financing.","length":803,"tagName":"p"},{"type":"text","content":"Finder's fees may be payable in respect to the above proposed financing and certain insiders may participate in the financing.","length":130,"tagName":"p"},{"type":"text","content":"The funds raised from the financing will be used towards general working capital as the Company is actively exploring opportunities.","length":132,"tagName":"p"},{"type":"text","content":"All securities that may be issued in connection with the above transactions will be subject to a four-month and a day hold period and other applicable restrictions under securities laws.","length":186,"tagName":"p"},{"type":"text","content":"The Company also announces the granting of a total of 2,065,000 incentive stock options ("Options") to directors and officers exercisable at the price of $0.12 per common share for a period of three years. These Options have been reserved for issuance pursuant to the Company's 20% Rolling Stock Option Plan, which has received shareholder approval, subject to certain vesting period. Any shares issued pursuant to the exercise of the Options will be subject to a hold period expiring on January 27, 2026.","length":519,"tagName":"p"},{"type":"text","content":"For more information on the Company, you may contact us at (604) 681-0204, or visit the Company's website at www.37capitalinc.com, or the CSE's website by using the following direct link: http://thecse.com/en/listings/mining/37-capital-inc.","length":248,"tagName":"p"},{"type":"text","content":"On Behalf of the...