Northwire Canada EditionTuesday, July 28, 2026
Northwire
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Financings

GEEKCO ANNOUNCES A NON-BROKERED LIFE OFFERING

GKO · Price

Executive Summary

  • Geekco Technologies Corp. announced a non‑brokered private placement of 14.7 M–17 M units at $0.05 per unit, targeting gross proceeds of $735 k–$850 k.
  • Each unit consists of one Class A common share and one warrant to purchase an additional share at $0.08 for up to three years.
  • Net proceeds will be used for marketing, application development/improvement, and general & working capital purposes.

Key Details

  • Units Offered: Minimum 14,700,000 – Maximum 17,000,000 units.
  • Price per Unit: $0.05.
  • Gross Proceeds Target: Minimum $735,000; Maximum $850,000.
  • Unit Composition:
  • 1 × Class A common share (Common Share).
  • 1 × Warrant to acquire one additional Common Share at $0.08 exercise price, exercisable for three years from issuance.
  • Intermediary Compensation: Up to 7% cash commission of gross proceeds plus intermediary warrants equal to up to 7% of the number of units issued through that intermediary (same terms as unit‑included warrants).
  • Use of Proceeds: Marketing campaign, development and continuous improvement of Geekco’s application, and general & working capital.
  • Exemption Used: Listed Issuer Financing Exemption (LIFE) under Part 5A of Regulation 45‑106; offering limited to Canadian residents.
  • Closing Timeline: May close in multiple tranches; final closing no later than 2025‑12‑08, subject to customary conditions and TSXV approval.
  • Regulatory Notes: Securities not registered in the United States; U.S. persons cannot be offered these securities unless an exemption applies.
  • Previous Offering Update: The earlier private placement (announced Aug 29 & Sep 26, 2025) will not have additional closings; $107,500 previously raised remains unchanged.

Notable Quotes

(No CEO/President quotes were included in the release.)

Read the original news release →

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