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TIMIA Capital Announces Private Placement of Preferred Shares
TIMIA Capital Announces Private Placement of Preferred Shares Canada NewsWire ...
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[{"type":"text","content":"\n \n \n \n TIMIA Capital Announces Private Placement of Preferred Shares\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 \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n VANCOUVER, BC\n \n ,\n \n March 25, 2021\n \n /CNW/ -\n \n TIMIA Capital Corporation (\"TIMIA\" or the \"Company\")\n \n (TSXV: TCA) (OTCQB: TIMCF) is pleased to announce a non-brokered private placement of up to 1,000,000 series A preferred shares (the \"Preferred Shares\") at a price of\n \n $1.00\n \n per Preferred Share for proceeds of up to\n \n $1,000,000\n \n (the \"Private Placement\"). Closing of the Private Placement is subject to TSX Venture Exchange approval and is expected to occur during the week of\n \n March 29, 2021\n \n . The Preferred Shares trade on the The TSX Venture Exchange under the symbol TCA.PR.A.\n \n \n No finder's fees are anticipated to be paid in connection with the Private Placement. All Preferred Shares issued under the Private Placement will be subject to a statutory hold period of 4 months from the date of issuance.\n \n \n The Company anticipates using the proceeds of the Offering to redeem issued and outstanding nonconvertible debentures and for general corporate purposes. For more information, potential investors should contact the Company or review the Company's disclosure and related SEDAR profile at\n \n www.sedar.com\n \n .\n \n \n This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in\n \n the United States\n \n . The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within\n \n the United States\n \n unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.\n \n \n \n About TIMIA Capital Corporation\n \n \n TIMIA Capital ...