Financings
Coloured Ties Capital amends private placement

TIE · Price
Executive Summary
- Coloured Ties Capital Inc. has amended its previously announced non-brokered private placement, increasing the scale of the offering to gross proceeds of up to $1,000,000.
- The offering consists of up to 4,444,444 units priced at 22.5 cents per unit, with each unit comprising one common share and one common share purchase warrant.
- Proceeds are designated for corporate and general working capital purposes, subject to regulatory approvals including TSX Venture Exchange consent.
Key Details
- Offering Size: Up to 4,444,444 units.
- Price Per Unit: 22.5 cents.
- Gross Proceeds: Up to $1,000,000.
- Unit Composition: Each unit consists of one common share and one common share purchase warrant.
- Warrant Terms: Each warrant entitles the holder to acquire one common share at an exercise price of 28 cents per share.
- Warrant Expiry: 36 months from the date of issuance.
- Hold Period: Four months plus one day from the date of issuance, subject to applicable resale rules.
- Use of Proceeds: Corporate and general working capital purposes.
- Finder’s Fee: Up to 8% of gross proceeds paid in cash to eligible arm's-length parties.
- Conditions Precedent: Closing is subject to necessary regulatory and other approvals, specifically including approval from the TSX Venture Exchange.
- Previous Announcement: This is a change to the private placement previously announced on June 4, 2025.
Notable Quotes
- None provided in the text.
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Mar 12, 2026 · 20:57