Icarus Capital Appoints John C. Sinclair to Board of Directors and Amends Private Placement Financing

About this update from Icarus Capital Corp.

Icarus Capital Appoints John C. Sinclair to Board of Directors and Amends Private Placement Financing (TheNewswire)           VANCOUVER, British Columbia – TheNewswire - July 13, 2026 – Icarus Capital Corp. (TSX-V: ICRS) ("Icarus" or the "Company") is pleased to announce the appointment of John C. Sinclair, CPA, CA to its Board of Directors, effective immediately. Mr. Sinclair is a Chartered Professional Accountant with more than 40 years of experience in public accounting, corporate governance and the Canadian capital markets. Throughout his career, he has advised public companies, boards of directors and audit committees on financial reporting, regulatory compliance, corporate finance and strategic transactions. His experience includes public company audits, initial public offerings, Capital Pool Companies and ongoing governance matters, bringing valuable financial and public company expertise to Icarus. The Board has also appointed Mr. Sinclair as Chair of the Audit Committee. Director Kevin Booth has been appointed to the Audit Committee, completing the Company's independent Audit Committee  which consists of Eric Lapointe  (CEO, director), Kevin Booth (independent director) and John Sinclair (independent director). "We are very pleased to welcome John to the Board of Directors," said Eric Y. Lapointe, Chief Executive Officer of Icarus Capital. "His extensive experience with public companies, financial reporting and audit oversight will be an important asset as we continue executing our strategic growth initiatives. We are also pleased to have Kevin serve alongside John on the Audit Committee." The Company also announces that its Board of Directors has approved amendments to the terms of its previously announced non-brokered private placement financing. Subject to acceptance by the TSX Venture Exchange, the Company intends to complete a non-brokered private placement for gross proceeds of up to $170,000.   The financing will consist of up to 3,400,000 units at a price of $0.05 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of $0.10 for a period of 24 months from the date of issuance. The net proceeds of the financing are expected to be use...

View stock analysis, news, and events for Icarus Capital Corp.