ThreeD arranges $360,000 private placement

Executive Summary

• ThreeD Capital Inc. announced the terms of a proposed private placement financing involving the sale of up to six million units.
• The offering is priced at six cents per unit, targeting total gross proceeds of $360,000.
• Proceeds are designated for general working capital and the purchase of investments, subject to approval by the Canadian Securities Exchange.

Key Details

• Structure: Sale of up to 6,000,000 units.
• Price: $0.06 per unit.
• Gross Proceeds: $360,000.
• Unit Composition: Each unit consists of one common share and one common share purchase warrant.
• Warrant Terms: Each whole warrant entitles the holder to acquire one common share at an exercise price of $0.15 per share.
• Warrant Duration: 60 months.
• Fees: No commission or finders' fees are expected to be paid.
• Insider Participation: No insiders are expected to participate.
• Hold Period: All securities are subject to a four-month-and-a-day hold period.
• Use of Proceeds: General working capital purposes and purchase of investments.
• Regulatory Status: Subject to approval of the Canadian Securities Exchange.