Financings
Atoro Capital amends private placement terms

TTO · Price
Executive Summary
- Atoro Capital Corp. amended its previously announced non‑brokered private placement, increasing the maximum number of shares to be issued from 3.8 million units to up to 4 million common shares.
- The offering price remains at $0.05 per share, targeting gross proceeds of up to $200,000 (previously $190,000).
- The amendment removes the share purchase warrants; only common shares will be issued, and net proceeds are earmarked for general working capital.
Key Details
- Original announcement (Mar 2 2026): Up to 3.8 million units at $0.05 per unit, each unit = 1 common share + 1 warrant.
- Amended terms:
- Issue up to 4 million common shares only (no warrants).
- Price: $0.05 per share.
- Expected gross proceeds of up to $200,000.
- Use of proceeds: General working capital for Atoro Capital Corp.
- Finder’s fees: Company may pay finder’s fees on all or part of the offering.
- Closing conditions: Subject to approval by the TSX Venture Exchange.
Notable Quotes
(No quotes were provided in the release.)