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AUKA CAPITAL CORP. AND DR. PHONE FIX CANADA LIMITED ANNOUNCE CLOSING OF FINAL TRANCHE OF SUBSCRIPTION RECEIPT FINANCING
AUKA CAPITAL CORP. AND DR. PHONE FIX CANADA LIMITED ANNOUNCE CLOSING OF FINAL TRANCHE OF SUBSCRIP...
About this update from Dr. Phone Fix Canada Corporation
[{"type":"text","content":"\n\n\n\n\n AUKA CAPITAL CORP. AND DR. PHONE FIX CANADA LIMITED ANNOUNCE CLOSING OF FINAL TRANCHE OF SUBSCRIPTION RECEIPT FINANCING\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n /NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n Feb. 21, 2025\n \n\n /CNW/ - Auka Capital Corp. (\"\n \n Auka\n \n \") (TSXV: AUK.P) a capital pool company as defined under Policy 2.4 – Capital Pool Companies of the TSX Venture Exchange (the \"\n \n Exchange\n \n \"), and Dr. Phone Fix Canada Limited (\"\n \n DPF\n \n \"), are pleased to announce the completion of DPF's second and final tranche of its previously announced brokered private placement (the \"\n \n Private Placement\n \n \") of subscription receipts (\"\n \n Subscription Receipts\n \n \"), led by Canaccord Genuity Corp., as lead agent (the \"\n \n Agent\n \n \"), at a price of\n \n $1.37\n \n per Subscription Receipt for aggregate gross proceeds of\n \n $1,590,749.47\n \n (the \"\n \n Final Tranche\n \n \").\n \n\n DPF completed the Final Tranche pursuant to an agency agreement dated\n \n February 6, 2025\n \n , between DPF, Auka and the Agent (the \"\n \n Agency Agreement\n \n \"). Under the Final Tranche, DPF issued 1,161,131 Subscription Receipts at a price of\n \n $1.37\n \n per Subscription Receipt for gross proceeds of\n \n $1,590,749.47\n \n . Together with the first tranche and the Final Tranche of the Private Placement, DPF has raised aggregate gross proceeds of\n \n $3,036,006.31\n \n and issued an aggregate of 2,216,063 Subscription Receipts.\n \n\n Immediately prior to the closing of Auka's proposed qualifying transaction (the \"\n \n Transaction\n \n \") – as described in Auka's previous press release dated\n \n November 8, 2024\n \n and in its filing statement dated\n \n November 14, 2024\n \n (the \"\n \n Filing Statement\n \n \") – and provided the escrow release conditions in the Subscription Receipt Agreement dated\n \n ...