• SBD Capital (SBD) has completed a non-brokered private placement for gross proceeds of $45,000
  • The company issued 1,800,000 units at a price of $0.025 per unit
  • Proceeds will be used for general working capital purposes
  • SBD Capital acquires controlling interests in companies in the manufacturing and distribution industries
  • SBD Capital Corp. (SBD) opened trading at C$0.03 per share

SBD Capital (SBD) has completed a non-brokered private placement for gross proceeds of $45,000.

The company issued 1,800,000 units at a price of $0.025 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one share for $0.05 for a period of twenty-four months from the closing of the offering.

All securities issued are subject to a four-month statutory hold period. In addition, all securities issued are subject to a contractual hold period of six months from the date of issuance.

Proceeds will be used for general working capital purposes.

SBD Capital acquires controlling interests in companies in the manufacturing and distribution industries.

SBD Capital Corp. (SBD) opened trading at C$0.03 per share.

More From The Market Online

Activist investor seeks to overhaul WonderFi board

KAOS Capital, an activist investor and major WonderFi (TSX:WNDR) shareholder, plans to propose five nominations to the crypto stock's board.

Neptune Digital Assets finds value in soaring crypto market

Neptune Digital Assets (TSXV:NDA) closes a value investment in Solana cryptocurrency at a 64 per cent discount to the current market price.
- Investor, Eric Sprott

Eric Sprott decreases exposure to attractive gold and PGM stock

Mining tycoon Eric Sprott allowed 12.5 million Benton Resources (TSXV:BEX) share purchase warrants to expire unexercised.

RevoluGROUP stock dips despite new strategic agreements

RevoluGROUP (TSXV:REVO) stock fell in early trading, despite adding two agreements to its string of positive news flow since changing CEOs.