Financings
Manning Ventures Announces Non-Brokered Private Placement
Manning Ventures Raises $600K at a 54% Discount Amid Negative Book Value and Persistent Dilution

Executive Summary
- Manning Ventures Inc. announced a non-brokered private placement of up to 10,000,000 common shares at $0.06 per share, targeting up to $600,000 CAD in gross proceeds.
- Proceeds are designated for general working capital.
- The offering carries a statutory hold period of four months plus one day and is contingent on CSE and corporate approvals.
- This follows a similar placement on March 20, 2026, which targeted $300,000 at the identical $0.06 price point, alongside the resignation of Chairman Etienne Moshevich.
Material Impact
- The placement price of $0.06 represents a ~54% discount to the recent market price of $0.13, signaling weak bargaining power and immediate dilutive pressure.
- The issuance of up to 10 million shares represents approximately 29.4% dilution on the current ~34 million share base.
- Gross proceeds of $600,000 are minimal relative to the company's operational burn and existing liabilities, serving as a short-term liquidity bridge rather than a transformative capital injection.
- The market has already priced in a downtrend from $0.30 to $0.08, and the discount aligns with the lower end of recent trading ranges, limiting any upside surprise.
MANN · Price
Company Overview
- Manning Ventures Inc. operates as a small-cap venture/investment holding company.
- The business model appears to focus on early-stage investments or holding assets, with no disclosed revenue streams in the provided financials.
- Primary activities consist of managing investments and funding operations through equity and debt financing.
- The company trades on the Canadian Securities Exchange (CSE: MANN) and is listed on the Frankfurt exchange (1H5) and US OTC (MANVF).