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SLEEPING GIANT CAPITAL CORP. ANNOUNCES CONDITIONAL ACCEPTANCE OF QUALIFYING TRANSACTION, FILING OF FILING STATEMENT AND NON-BROKERED PRIVATE PLACEMENT
SLEEPING GIANT CAPITAL CORP. ANNOUNCES CONDITIONAL ACCEPTANCE OF QUALIFYING TRANSACTION, FILING O...
About this update from Sleeping Giant Capital Corp.
[{"type":"text","content":"\n \n \n \n SLEEPING GIANT CAPITAL CORP. ANNOUNCES CONDITIONAL ACCEPTANCE OF QUALIFYING TRANSACTION, FILING OF FILING STATEMENT AND NON-BROKERED PRIVATE PLACEMENT\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 /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n May 28, 2024\n \n \n /CNW/ - Sleeping Giant Capital Corp. (TSXV: SSX.P) (\"\n \n Sleeping Giant\n \n \"), a Capital Pool Company as defined under TSX Venture Exchange (\"\n \n TSXV\n \n \" or the \"\n \n Exchange\n \n \") Policy 2.4 —\n \n Capital Pool Companies,\n \n is pleased to announce that it has received conditional approval from the TSXV in respect of its qualifying transaction (the \"\n \n Transaction\n \n \").\n \n \n The Transaction consists of the acquisition of non-operated working interests in certain oil and gas assets. Sleeping Giant expects to be listed as a Tier 2 Oil and Gas Issuer on the Exchange upon completion of the Transaction. Sleeping Giant has filed a filing statement (the \"\n \n Filing Statement\n \n \") dated\n \n May 28, 2024\n \n on SEDAR+ at\n \n www.sedarplus.ca\n \n which provides information concerning the Transaction. Sleeping Giant expects to close the Transaction on\n \n May 31, 2024\n \n .\n \n \n Final approval of the Transaction is subject to Sleeping Giant meeting certain conditions required by the TSXV. Following receipt of the TSXV's final approval, the common shares of Sleeping Giant (\"\n \n Sleeping Giant Shares\n \n \") will resume trading on the TSXV under the symbol \"SSX\".\n \n \n \n Offering\n \n \n \n In connection with the Transaction, Sleeping Giant is conducting a non-brokered private placement of a minimum of 126,000 Sleeping Giant Shares and up to a maximum of 1,666,667 Sleeping Giant Shares at the price of\n \n $0.15\n \n per Sleeping Giant Share for gross proceeds of a minimum of\n \n $18,900\n \n and up to a maximum of\n \n $250,000\n \n (the \"\n ...