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BOARDWALKTECH ANNOUNCES NEW NON-BROKERED LIFE OFFERING AND CLOSES PRIOR OFFERING
BOARDWALKTECH ANNOUNCES NEW NON-BROKERED LIFE OFFERING AND CLOSES PRIOR OFFERING Canada...
About this update from Boardwalktech Software Corp.
[{"type":"text","content":"\n\n\n\n BOARDWALKTECH ANNOUNCES NEW NON-BROKERED LIFE OFFERING AND CLOSES PRIOR OFFERING\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nTEXT-ALIGN: LEFT; MARGIN-LEFT:3.33em !IMPORTANT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n CUPERTINO, Calif.\n \n\n ,\n \n\n May 16, 2025\n \n\n /CNW/ - (TSXV: BWLK) (OTCQB: BWLKF) Boardwalktech Software Corp. (the \"\n \n Company\n \n \" or \"\n \n Boardwalktech\n \n \") announces, subject to the approval of the TSX Venture Exchange (the \"\n \n TSXV\n \n \"), that it intends to complete a new non-brokered private placement for gross proceeds of up to\n \n C$750,000\n \n (the \"\n \n Offering\n \n \") pursuant to the Listed Issuer Financing Exemption (the \"\n \n LIFE\n \n \") of National Instrument 45-106 - Prospectus Exemptions (\"\n \n NI 45-106\n \n \") in conjuncture with the Closing of its prior offering announced on\n \n February 26, 2025\n \n (\"\n \n Prior Offering\n \n \").\n \n\n\n\n\n\n\n\n\n The new Offering will consist of up to 5,769,231 units of the Company (each, a \"\n \n Unit\n \n \", and collectively the \"\n \n Units\n \n \") at a price of\n \n C$0.13\n \n per Unit. Each Unit will be comprised of one Common Share (each, a \"\n \n Common Share\n \n \", and collectively the \"\n \n Common Shares\n \n \") and one Common Share purchase warrant (each whole warrant, a \"\n \n Warrant\n \n \" and collectively the \"\n \n Warrants\n \n \"). Each Warrant will entitle the holder thereof to acquire one Common Share at a price of\n \n C$0.25\n \n per Common Share for a period of 12 months from the closing date of the Offering.\n \n\n Subject to compliance with applicable regulatory requirements, and in accordance with NI 45-106, the Offering is being made to purchasers resident in\n \n Canada\n \n pursuant to the LIFE Part 5A of NI 45-106. The securities issued under the Offering will not be subject to a hold period in accordance with applicable Canadia...