Northwire Canada EditionThursday, October 15, 2026
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Financings Routine −

Global Compliance Proceeds to Private Placement

By The Northwire Desk — AI Analysis Jun 10, 2026 · 18:21 APP · 0.005 Global Compliance Applications Corp.
APP · Price

Executive Summary

  • Global Compliance Applications Corp. (GCAC) announced a private placement financing of up to 190,000,000 shares at $0.01 per share.
  • The transaction is projected to generate gross proceeds of up to CAD $1,900,000, designated for general working capital to support company objectives.
  • The financing is pending Canadian Securities Exchange approval and will impose a statutory 4-month and 1-day hold period on shares upon closing.

Key Details

  • Transaction Structure: Private Placement Financing
  • Shares Issued: Up to 190,000,000 shares
  • Price Per Share: $0.01
  • Gross Proceeds: Up to CAD $1,900,000
  • Use of Proceeds: General working capital to further the Company's goals and objectives
  • Regulatory Condition: Subject to approval by the Canadian Securities Exchange (CSE)
  • Investor Hold Period: 4 months and 1 day statutory hold period upon closing
  • Finder's Compensation: Finder's fees may be payable
  • Company Tickers: CSE: APP | FSE: 2FA | OTC PINK: FUAPF
Read the original news release →

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