LibertyStream Announces Non-Brokered LIFE Offering Up to $10,000,000

About this update from Libertystream Infrastructure Partners Inc.

[{"type":"text","content":"LibertyStream Announces Non-Brokered LIFE Offering Up to $10,000,000\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }\n \n\n\n\n\n\n NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES\n \n\n\n\n\n\n\n LibertyStream Infrastructure Partners Inc.\n \n (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“\n \n LibertyStream\n \n ” or the “\n \n Company\n \n ”) is pleased to announce a non-brokered private placement offering (the “\n \n Offering\n \n ”) of units of the Company (the “\n \n Units\n \n ”) at a price of $0.65 per Unit, for aggregate proceeds of up to $10,000,000. Each Unit will be comprised of one common share of the Company (each, a “\n \n Common Share\n \n ”) and one whole common share purchase warrant (each, a “\n \n Warrant\n \n ”). Each Warrant will entitle the holder thereof to purchase one Common Share (each, a “\n \n Warrant Share\n \n ”) at an exercise price of $1.00 per Warrant Share for a period of thirty-six months following the completion of the Offering. There can be no assurance as to whether or when the Offering will be completed, or as to the actual size or terms of the Offering.\n \n\n Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 –\n \n Prospectus Exemptions\n \n (“\n \n NI 45-106\n \n ”), the Units will be offered for sale to purchasers in all of the provinces of Canada, other than Québec (the “\n \n Canadian Selling Jurisdictions\n \n ”) pursuant to the listed issuer financing exemption under Part 5A of NI 45-106. The Common Shares and Warrant Shares underlying the Units are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in the Canadian Selling Jurisdictions.\n \n\n The Units, Common Shares, Warrants, and Warrant Shares being offered have not been and will not be registered under the U.S.\n \n Securities Act of 1933\n \n , as amended (the “\n \n U.S. Securities Act\n \n ”) and may not be offered or sold in the United States or to, or for the account or benefit of, “U.S. persons” (as defined in Regulation S u...

More updates from Libertystream Infrastructure Partners Inc.