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Rumbu Holdings Announces Filing of Life Offering Document for Private Placement
Calgary, Alberta--(Newsfile Corp. - February 4, 2026) - Rumbu Holdings Ltd. (TSXV: RMB) ("Rumbu" or the "Company") announces that it is proceeding with its previously announced non-brokered private placement (the "Private Placement") of up to 2,000,000 Units, with each Unit comprised of one (1) Common Share and one (1) Common Share Purchase Warrant ("Warrant"). Each Unit is priced at $1.00 per Unit for aggregate gross proceeds of $2,000,000 and each Warrant will be exercisable to acquire one...
About this update from Rumbu Holdings Ltd
[{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - February 4, 2026) - Rumbu Holdings Ltd. (TSXV: RMB) ("Rumbu" or the "Company") announces that it is proceeding with its previously announced non-brokered private placement (the "Private Placement") of up to 2,000,000 Units, with each Unit comprised of one (1) Common Share and one (1) Common Share Purchase Warrant ("Warrant"). Each Unit is priced at $1.00 per Unit for aggregate gross proceeds of $2,000,000 and each Warrant will be exercisable to acquire one (1) Common Share for a period of twelve (12) months following the Closing Date of the Private Placement at an exercise price of $1.40 per Common Share.","length":688,"tagName":"p"},{"type":"text","content":"The Units will be offered for sale pursuant to the Listed Issuer Financing Exemption ("LIFE") under Part 5A of National Instrument 45-106 - Prospectus Exemptions. Securities issued under the LIFE exemption will not be subject to a hold period under applicable Canadian securities laws. The Company advises that the LIFE Offering Document related to the Private Placement was filed on SEDAR+ yesterday and subsequently amended and filed on SEDAR+ today. Existing Shareholders and potential investors in the Private Placement can access the Offering Document under the Company's Issuer Profile on SEDAR+ at www.sedarplus.ca. The Offering Document contains the Subscription Agreement for the Private Placement and any investor wishing to participate in the Private Placement can complete the Subscription Agreement and return it with subscription funds to the Company.","length":879,"tagName":"p"},{"type":"text","content":"The Company also advises that it received conditional acceptance from the TSX Venture Exchange ("TSXV") to the Private Placement. Closing of the Private Placement is subject to several conditions, including receipt of all necessary corporate and regulatory approvals and final approval of the TSXV. This news release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States.","length":433,"tagName":"p"},{"type":"text","content":"The Company anticipates closing the Private Placement on or around February 27, 2026 or such other date as the Company may determine. The Company may pay 6% cash and 6% Warrants to registered dealers or...