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ODD BURGER ANNOUNCES CLOSING OF THIRD TRANCHE
ODD BURGER ANNOUNCES CLOSING OF THIRD TRANCHE Canada NewsWire /NOT FOR ...
About this update from Odd Burger Corporation
[{"type":"text","content":"\n \n \n \n ODD BURGER ANNOUNCES CLOSING OF THIRD TRANCHE\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n . FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF\n \n UNITED STATES\n \n SECURITIES LAW./\n \n \n \n \n TORONTO\n \n \n ,\n \n \n June 10, 2022\n \n \n /CNW/ - Odd Burger Corporation (\"\n \n Odd\n \n \n Burger\n \n \" or the \"\n \n Company\n \n \") (TSXV: ODD) (OTCQB: ODDAF) (FSE: IA9) is pleased to announce that it has completed the closing of a third tranche of its previously announced private placement (the \"\n \n Private Placement\n \n \"). On\n \n June 6, 2022\n \n the Company received an extension from the TSX Venture Exchange (the \"\n \n TSXV\n \n \") to close this final ‎tranche of its Private Placement.  The extended final date for acceptance by the TSXV of the Private Placement is\n \n June 10\n \n , ‎‎2022.‎  ‎\n \n \n \n \n \n \n \n \n \n On\n \n June 9, 2022\n \n , the Company issued 125,000 units of the Company (the \"\n \n Units\n \n \") at a price of\n \n $0.40\n \n per Unit to\n \n James McInnes\n \n , CEO of the Company, and 125,000 Units on the same terms to\n \n Vasiliki McInnes\n \n , COO of the Company, for aggregate gross proceeds of\n \n $100,000\n \n (the \"\n \n Third Tranche\n \n \").  ‎Each Unit consists of one common share in the capital of the Company (a \"\n \n Common Share\n \n \") and one ‎Common Share purchase warrant (a \"\n \n Warrant\n \n \"). Each Warrant will entitle the holder thereof to ‎purchase one Common Share at a price of\n \n $0.60\n \n per Common Share at ‎any time up to\n \n 4:00 p.m.\n \n (\n \n Toronto\n \n time) on or before the earlier of the date that is two years following ‎the closing date. The Units, including all underlying securities thereof, will have a hold ‎period of four months and one day from the date of issue.‎\n \n \n As previously announced on\n \n April 1, 2022\n \n , the Company c...