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WONDR GAMING ANNOUNCES CLOSING OF FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF UNITS, RAISING AN AGGREGATE OF $10,000,000
WONDR GAMING ANNOUNCES CLOSING OF FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF UNIT...
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[{"type":"text","content":"\n \n \n \n WONDR GAMING ANNOUNCES CLOSING OF FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF UNITS, RAISING AN AGGREGATE OF $10,000,000\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\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR\n \n FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n TORONTO\n \n ,\n \n Feb. 22, 2022\n \n /CNW/ -\n \n Wondr Gaming Corp.\n \n (CSE: WDR) (CSE: WDR.WT) (the \"\n \n Company\n \n \" or \"\n \n Wondr Gaming\n \n \") is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement through the issuance of 14,570,000 units (each, a \"\n \n Unit\n \n \") at a price of\n \n $0.20\n \n per Unit for aggregate gross proceeds of\n \n $2,914,000\n \n (the \"\n \n Offering\n \n \").  The aggregate gross proceeds raised pursuant to the Offering was\n \n $10,000,000\n \n through the issuance of an aggregate of 50,000,000 Units.  Each Unit is comprised of one common share (each, a \"\n \n Common Share\n \n \") and one-half of one Common Share purchase warrant (each whole warrant, a \"\n \n Warrant\n \n \").  Each Warrant entitles the holder thereof to acquire one Common share at an exercise price of\n \n $0.30\n \n per Common Share for a period of twenty-four months from the closing of the Offering.  The net proceeds of the Offering will be used by the Company for working capital, general and administrative costs and potential strategic acquisitions.\n \n \n \n \n \n \n \n \n \n In connection with the closing of the second tranche of the Offering, the Company paid certain eligible persons (the \"\n \n Finders\n \n \") a cash commission of\n \n $36,400\n \n and issued 182,000 broker warrants (each, a \"\n \n Broker Warrant\n \n \").  Each Broker Warrant entitles the holder thereof to acquire one Common Share at an exercise price of\n \n $0.20\n \n per Common Share for a period of twenty-four months from the closing of the Offering.\n \n \n Echelon Cap...