Northwire Canada EditionSunday, July 12, 2026
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Financings

Green Panda Capital Corp. Announces Private Placement and Corporate Update

GPCC · Price

Executive Summary

  • Green Panda Capital Corp. announces a non‑brokered private placement of up to 6,000,000 common shares at $0.05 per share, targeting gross proceeds of up to $300,000.
  • The company may pay finder's fees of up to 6% of the gross proceeds and will use net proceeds for general corporate purposes.
  • Mr. Ivan Riabov is appointed to the Board of Directors and assumes the roles of Chief Financial Officer and Corporate Secretary, effective November 7, succeeding Mr. Steven Olsthoorn.

Key Details

  • Private Placement Terms: Up to 6,000,000 common shares @ $0.05 per share → maximum gross proceeds of $300,000.
  • Finder’s Fees: Cash commission up to 6% of the gross proceeds may be paid on the applicable portion of the placement.
  • Conditions: Completion subject to regulatory approvals, including acceptance by the TSX Venture Exchange.
  • Use of Proceeds: Net proceeds will be allocated to general corporate purposes.
  • Board Appointment: Mr. Ivan Riabov joins the Board and becomes CFO & Corporate Secretary effective 7 Nov 2025.
  • Departure: Mr. Steven Olsthoorn steps down from his director, CFO, and Corporate Secretary roles effective the same date.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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