Business
Deepmarkit Announces Extension of Private Placement
(TheNewswire) Calgary, Canada – June 27, 2024 – TheNewswire  ...
About this update from Prospect Prediction Markets Inc.
[{"type":"text","content":"Deepmarkit Announces Extension of Private Placement\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 \n \n \n \n \n \n \n \n \n Calgary, Canada – June 27, 2024 –\n \n \n TheNewswire –\n \n \n DeepMarkit Corp., (\"DeepMarkit\"\nor the \"Company\") (TSXV: MKT) (OTC: MKTDF) (FRA:\nDEP)\n \n \n , is pleased to announce that it has been\ngranted an extension to complete\n \n \n its previously\nannounced (May 15, 2024 and June 26, 2024)\n \n \n non-brokered private placement of up to 5,000,000 Units\n(\"\n \n \n Units\n \n \n \") for total gross proceeds of up to $500,000 (the\n“\n \n \n Private\nPlacement\n \n \n ”).\n \n \n \n \n Each Unit comprises one common\nshare in the capital of the Company (each, a \"\n \n \n Common Share\n \n \n \")\nand one common share purchase warrant (each a “\n \n \n Warrant\n \n \n ”). Each\nWarrant entitles the holder to purchase one additional common share of\nDeepMarkit at an exercise price of CAD $0.20 for a period of two (2)\nyears from the date of issuance of the Units.\n \n \n \n \n The Company closed the first tranche of the Private\nPlacement consisting of 1,730,000 Units ($173,000) on June 26,\n2024.\n \n \n \n \n In connection with the Private Placement, the Company\nmay pay finder’s fees on the Units sold in an amount equal up to 7%\nof the gross proceeds of the Private Placement, payable in cash or in\nUnits, and broker warrants\n \n \n equal to 7% of the\nUnits sold in the Offering. Each broker warrant will entitle the\nholder to acquire one Common Share for a price of $0.10 per Common\nShare for one (1) year from closing of the Offering.\n \n \n \n \n The net proceeds from the Private Placement will be\nused to for general corporate and working capital purposes. The Common\nShares and Warrants issued pursuant to the Private Placement will be\nsubject to a four month hold period required under applicable\nsecurities laws.  The Private Placement is subject to acceptance by\nthe TSX Venture Exchange.\n \n \n \n \n \n About\nDeepMarkit\n \n \n \n \n \n DeepMarkit Corp. is a technology company that operates\nMintCarbon.io, a web-based platform which facilitates the minting of\ncarbon offsets into NFTs or other secure tokens. Its common shares are\nlisted on the TSX ...