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Financings

Camarico Investment Group Announces Private Placement Financing

By The Northwire Desk — AI Analysis Oct 21, 2025 · 12:10 CIG · 0.005 Camarico Investment Grooup Ltd.
CIG · Price

Executive Summary

  • Camarico Investment Group Ltd. announced a non‑brokered private placement of Units at $0.05 per Unit, targeting up to $500,000 in gross proceeds.
  • Each Unit consists of one common share and one warrant allowing purchase of an additional common share at $0.10 for 24 months.
  • Proceeds will be used for general corporate purposes and as a reserve for qualified acquisitions, development or investments.

Key Details

  • Offering Size: Maximum gross proceeds of $500,000.
  • Unit Price: $0.05 per Unit.
  • Unit Composition: 1 common share + 1 warrant (exercise price $0.10, exercisable for 24 months).
  • Use of Proceeds: General corporate purposes; reserve for qualified acquisitions, development or investments.
  • Commission/Finders’ Fees: May be paid to arm’s‑length parties; details to be disclosed in a subsequent release.
  • Regulatory Conditions: Completion subject to receipt of all necessary regulatory approvals; price and terms may change prior to approval.
  • Statutory Hold Period: Common shares, warrants, and underlying shares subject to a four‑month plus one day hold period from closing.
  • Insider Participation: Certain insiders may participate; transaction qualifies as a “related party transaction” under MI 61‑101, with reliance on exemptions because fair market value is expected ≤ 25% of market cap.
  • Board Approval: Unanimous resolution of the board approved the offering.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →