Key facts
- Purecore announced a non-brokered private placement.
- The private placement is for up to $1.5 million.
- The company will issue units at $0.10 per unit.
- Each unit consists of one common share and one warrant.
- The warrants are exercisable at $0.15 per share for 24 months.
Purecore has announced a non-brokered private placement of up to $1.5 million. The company intends to issue up to 15,000,000 units at a price of $0.10 per unit. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will be exercisable for one additional common share at a price of $0.15 per share for a period of 24 months from the closing date of the private placement. The proceeds from the private placement are intended to be used for general working capital purposes.