Metron Capital Closes First Tranche of Private Placement

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[{"type":"text","content":"Metron Capital Closes First Tranche of Private Placement(via TheNewswire)\n \n \nVANCOUVER, British Columbia - TheNewswire - November 22, 2019: Metron Capital Corp. (TSXV:MCN) (\"Metron\" or the \"Company\") is pleased to announce that it has closed its first tranche of the previously announced subscription receipt financing on September 19, 2019. Metron collected gross proceeds of $ 2,512,299.65 through the issuance of 7,177,999 subscription receipts. The Company expects to close the balance of the subscription receipt financing by the end of November. \n\n \n \nIn connection with the closing the Company will pay a cash finder's fee of up to 5 percent of the total value of the subscription receipts sold and share purchase warrants of up to 5 percent of the number of subscription receipts sold. The closing of the first tranche remains subject to final TSX-Venture Exchange approval and any other regulatory approvals required by applicable securities law.\n\n \n \nAll securities issued in connection with the financing will be subject to a hold period of four months and one day from the date of issuance.\n\n \n \nOn behalf of the Board of Directors of Metron Capital Corp.\n\n \n \nGurminder Sangha, President and CEO\n\n \n \nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\n\n \n \nReader Advisory\n\n \n \nExcept for statements of historical fact, this news release contains certain \"forward-looking information\" within the meaning of applicable securities law. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to timing and completion of the balance of the subscription receipt financing. \n\n \n \nIn connection with the forward-looking information contained in this news release, Metron has made numerous assumptions regarding, among other things: TSXV-Venture Exchange approval for the financing and any other regulatory approvals required by applicable securities law. While Metron considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.\n\n \n \nAdditionally, there are known and unknown risk factors which could cause Metron'...

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