Business
Carlyle Announces Private Placement of up to $1,020,000
Vancouver, British Columbia--(Newsfile Corp. - August 11, 2023) - CARLYLE COMMODITIES CORP. (CSE...
About this update from Carlyle Commodities Corp.
[{"type":"text","content":"Carlyle Announces Private Placement of up to $1,020,000Vancouver, British Columbia--(Newsfile Corp. - August 11, 2023) - CARLYLE COMMODITIES CORP. (CSE: CCC) (FSE: BJ4) (OTCQB: CCCFF) (\"Carlyle\" or the \"Company\") is pleased to announce it intends to complete a non-brokered private placement (the \"Offering\") of up to 12,000,000 units (\"Units\") at a price of $0.085 per Unit for aggregate gross proceeds of up to $1,020,000.Each Unit will consist of one common share in capital of the corporation (a \"Common Share\") and one common share purchase warrant (a \"Warrant\"). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.15 per Common Share for a period of 36 months from the date of issuance. The securities offered pursuant to the Offering will be subject to a statutory hold period of four months and a day from the date of issuance. The Company may pay a finder's fee on a portion of the gross proceeds of the Offering. The Offering remains subject to regulatory approval and the approval of the Canadian Securities Exchange (\"CSE\").The Company intends to use the net proceeds of the Offering for advancement of its Newton Project and for general working capital.About CarlyleCarlyle is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. Carlyle owns 100% of the Newton Project in the Clinton Mining Division of BC and is listed on the CSE under the ticker \"CCC\", on the OTCQB Market under the ticker \"CCCFF\", and on the Frankfurt Exchange under the ticker \"BJ4\".ON BEHALF OF THE BOARD OF DIRECTORS OFCARLYLE COMMODITIES CORP.\"Morgan Good\"Morgan GoodPresident and Chief Executive OfficerFor more information regarding this news release, please contact:Morgan Good, CEO and DirectorT: 604-715-4751E: [email protected]: www.carlylecommodities.comNeither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the exp...