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Charbone Hydrogen Announces Closing of a First Tranche of its $1.5m Non-Brokered Private Placement and Units for Debts Financing for a Total Amount of $0.245m
(TheNewswire) NOT FOR DISSEMINATION OR DISTRIBUTION INTO THE UNITED STATES OR THROUGH UNITE...
About this update from Charbone Hydrogen Corporation
[{"type":"text","content":"Charbone Hydrogen Announces Closing of a First Tranche of its $1.5m Non-Brokered Private Placement and Units for Debts Financing for a Total Amount of $0.245m\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n NOT FOR\nDISSEMINATION OR DISTRIBUTION INTO THE UNITED STATES OR THROUGH UNITED\nSTATES NEWSWIRE SERVICES\n \n \n \n \n Brossard, Québec –\n \n \n TheNewswire -\n \n \n September 7, 2023\n \n \n –\nCharbone Hydrogen Corporation\n \n \n (TSXV:CH\n \n \n )\n \n \n (\n \n \n OTC:CHHYF\n \n \n )\n \n \n (\n \n \n FWB:K47)\n \n \n (“\n \n \n Charbone\n \n \n ” or the\n“\n \n \n Company\n \n \n ”) is pleased to announce the closing of a first tranche of\na private placement financing of units of the Company for gross\nproceeds of $203,020 (the “\n \n \n Offering\n \n \n ”) and Units for debt settlement of\n$41,579, for a total of $244,599.\n \n \n \n \n Each of the units offered (each a “\n \n \n Unit\n \n \n ”), priced at\n$0.075 per Unit, was comprised of one common share of the Company\n(each, a “\n \n \n Unit\nShare\n \n \n ”) and one common share purchase warrant\n(each, a “\n \n \n Warrant\n \n \n ”). Each Warrant will entitle the\nholder thereof to purchase one additional common share of the Company\nat an exercise price of $\n \n \n 0.10\n \n \n for a period of\n \n \n 12\n \n \n months following the closing date of the Offering (the\n“\n \n \n Closing Date\n \n \n ”). A total of 2,706,937 Units were issued pursuant to the\nclosing of the first tranche of the Offering. The Company may issue up\nto an additional 17,293,063 Units, for gross proceeds of up to\n$1,296,980 representing a total Offering of up to $1,500,000.\n \n \n \n \n At the Closing Dates, the Company may pay a finder’s\nfee or commission to registered finders in connection with sale of\nUnits to qualified subscribers introduced to the Company by such\nfinder.\n \n \n \n \n The Units were offered by way of the “accredited\ninvestor” exemptions under National Instrument 45-106 –\n \n \n Prospectus\nExemptions\n \n \n (in Québec, Regulation 45-106 –\n \n \n Prospectus\nExemptions\n \n \n ). However, the Company reserves the\nright not to ac...