Northwire Canada EditionThursday, October 15, 2026
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Financings

Hanna Announces Private Placement and Results of Shareholders' Meeting

HCC · Price

Executive Summary

  • Hanna Capital Corp. announced a non‑brokered private placement of up to 17 million units at $0.01 per unit, targeting gross proceeds of up to $170,000 for general working capital.
  • The company reported the results of its annual and special shareholders’ meeting, including voting totals and approval of an advance‑notice policy for director nominations.
  • New officers were appointed: Hidir Hasgul as Chief Executive Officer and Ankit Gosain as Chief Financial Officer.

Key Details

  • Private Placement Terms – Up to 17,000,000 units at $0.01 per unit; each unit consists of one common share and one warrant to purchase an additional share at $0.05 for 12 months.
  • Proceeds – Expected gross proceeds of up to $170,000, to be used for general working capital.
  • Regulatory Conditions – Placement is non‑brokered, subject to required approvals, and units will carry a four‑month hold period under Canadian securities law.
  • Shareholder Meeting Results – 68,250,495 common shares voted (≈60.11% of outstanding shares); all matters presented were approved by the requisite majority.
  • Officer Appointments – Hidir Hasgul appointed Chief Executive Officer; Ankit Gosain appointed Chief Financial Officer.
  • Advance Notice Policy – Shareholders ratified a policy establishing nomination deadlines (30‑65 days before an annual meeting, with specific provisions for shorter notice periods; 15 days after announcement for special meetings).

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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