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CanCambria Energy Announces Private Placement Offering of Units to Raise up to $2 Million
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - CanCambria Energy Corp. (TSXV: ...
About this update from Cancambria Energy Corp
[{"type":"text","content":"CanCambria Energy Announces Private Placement Offering of Units to Raise up to $2 MillionVancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (\"CanCambria\" or the \"Company\") announces today that it intends to issue up to 5,000,000 units (each, a \"Unit\") at a price of $0.40 per Unit for gross proceeds of up to CAD$2,000,000 by way of a non-brokered private placement financing (the \"Offering\"). Each Unit will be comprised of one common share (each, a \"Share\") and one share purchase warrant (each, a \"Warrant\"). Each Warrant will entitle the holder to acquire one additional common share (each, a \"Warrant Share\") of the Company at an exercise price of $0.50 per Warrant Share for a period of three (3) years following the closing of the Offering. The Units, Shares, Warrants, and any Shares issued upon the exercise of the Warrants will be subject to a hold period of four months and one day from the date of issuance.The Company may pay registered persons a finder's fee comprised of 6% of the gross proceeds of the Offering in cash, and such number of non-transferable finder's warrants equal to 6% of the number of Units (the \"Finder's Warrants\"). Each Finder's Warrant shall entitle the holder to acquire one common share (the \"Finder's Warrant Shares\") at a price of $0.50 per Finder's Warrant Share for a period of three (3) years from the date of issuance. Other than being non-transferable, each Finder's Warrant shall otherwise be on the same terms as the Warrants. The Units, Shares, Warrants, Warrant Shares, Finder's Warrants, and Finder's Warrant Shares are collectively referred to herein as the \"Securities\".The Units will be offered pursuant to available prospectus exemptions set out under applicable securities laws and instruments, including National Instrument 45-106 - Prospectus Exemptions. It is expected that certain Insiders (as such term is defined under the policies of the TSX Venture Exchange (the \"Exchange\")) of the Company may participate in the Offering. The participation of Insiders in the Offering will constitute a \"related party transaction\" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (\"MI 61-101\"). The Company intends to rely on exemptions from the ...