Business
WONDR GAMING ANNOUNCES CLOSING OF FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF UNITS
WONDR GAMING ANNOUNCES CLOSING OF FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF UNIT...
About this update from Vertiqal Studios Corp
[{"type":"text","content":"\n \n \n \n WONDR GAMING ANNOUNCES CLOSING OF FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF UNITS\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 \n TORONTO\n \n \n ,\n \n \n Jan. 27, 2022\n \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 first tranche of its previously announced non-brokered private placement through the issuance of 35,430,000 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 $7,086,000\n \n (the \"\n \n Offering\n \n \").  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 first tranche of the Offering, the Company paid certain eligible persons (the \"\n \n Finders\n \n \") a cash commission of\n \n $249,270\n \n and issued 1,228,850 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 All securities issued pursuant to the Offering are subject to a four month hold period from the date of closing of the Offering. The Company anticipates closing an additional tranche of the Offeri...