Financings
A-Labs Capital II arranges $150,000 private placement

ALAB · Price
Executive Summary
- A‑Labs Capital II Corp. announced a non‑brokered private placement of up to 3 million common shares at C$0.05 per share, targeting gross proceeds of up to $150,000.
- The securities will be subject to a statutory hold period of four months and one day, pending required approvals from the TSX Venture Exchange and securities regulators.
- Proceeds are earmarked for general working‑capital purposes.
Key Details
- Offering size: Up to 3,000,000 common shares.
- Price per share: C$0.05 (five cents).
- Maximum gross proceeds: $150,000.
- Placement type: Non‑brokered private placement (non‑registered offering).
- Statutory hold period: Four months and one day from issuance date.
- Conditions precedent: Receipt of all necessary approvals, including final approval by the TSX Venture Exchange and applicable securities regulatory authorities.
- Use of proceeds: General working capital.
Notable Quotes
(No executive quotes were provided in the release.)