Business
Wondr Gaming Announces Non-Brokered Financing Up To $10,000,000 Led by Max Desmarais and the Chrétien-Desmarais Family
Wondr Gaming Announces Non-Brokered Financing Up To $10,000,000 Led by Max Desmarais and ...
About this update from Vertiqal Studios Corp
[{"type":"text","content":"\n \n \n \n Wondr Gaming Announces Non-Brokered Financing Up To $10,000,000 Led by Max Desmarais and the Chrétien-Desmarais Family\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 \n Max Desmarais\n \n to Join Wondr Gaming Board of Directors\n \n \n \n \n TORONTO\n \n ,\n \n Dec. 6, 2021\n \n /CNW/ - Wondr Gaming Corp. (CSE: WDR) (CSE: WDR.WT) (the \"\n \n Company\n \n \" or \"\n \n Wondr Gaming\n \n \") is pleased to announce it intends to raise up to\n \n $10,000,000\n \n through the issuance of up to 50,000,000 units (the \"\n \n Units\n \n \") at a price of\n \n $0.20\n \n per Unit in a non-brokered private placement (the \"\n \n Private Placement\n \n \") financing, led by\n \n Max Desmarais\n \n and the Chrétien-Desmarais family.  Each Unit will consist of one common share and one-half common share purchase warrant (each whole warrant, a \"\n \n Warrant\n \n \"). Each Warrant is exercisable into one additional common share at a price of\n \n $0.30\n \n for a period of twenty-four months from the closing date.\n \n \n \n \n \n \n \n \n \n A finder's fee may apply to a portion of the proceeds raised under the Private Placement. All securities issued pursuant to the Private Placement will be subject to a four month hold period from the date of issue. Proceeds from the Private Placement will be used by the Company for general working capital purposes and the potential acquisition of strategic assets.\n \n \n \"Having built and recently sold a multi-channel network with over 3 billion monthly views and 200 million+ subscribers, I was keen to bring all that I have learned growing a multi-national media business to a new venture. The opportunity to join the Wondr Gaming team as Chief Strategy Officer earlier this year has proven to be a very wise choice. Our product is continually growing, and we are working with some significant brands, helping them understand and market to the global gaming audience. I very much look forward to joining the Wondr Gaming Board of Directors, an...