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  • Timeless Capital Corp. (TLC.P) has raised $211,000 through a private placement of common shares
  • Under the offering, the company sold 2,110,000 common shares at $0.10 per share
  • The net proceeds will be used to fund ongoing activities relating to the completion of a qualifying transaction
  • Timeless is a CPC whose principal business is to identify and complete a qualifying transaction
  • Timeless Capital Corp. (TLC.P) opened trading at C$0.10

Timeless Capital Corp. (TLC.P) has closed a private placement for gross proceeds of $211,000.

The company issued 2,110,000 common shares priced at $0.10 per share.

The shares issued are subject to a statutory four-month hold period.

The net proceeds will be used to fund ongoing activities relating to the identification and negotiation of a suitable qualifying transaction under TSX Venture Exchange policies.

In connection with the closing of the offering, 100,000 common shares were issued to an insider of the corporation. 

Timeless is a CPC whose principal business is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and to complete a qualifying transaction in accordance with the policies of the Exchange.

Timeless Capital Corp. (TLC.P) opened trading at C$0.10.


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