Northwire Canada EditionThursday, October 15, 2026
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Financings

Green Panda Capital Corp. Closes First Tranche of Private Placement

GPCC · Price

Executive Summary

  • Green Panda Capital Corp. closed the first tranche of its up‑to $300,000 private placement, issuing 3,000,000 common shares at $0.05 each and raising gross proceeds of $150,000.
  • The net proceeds will be used for general corporate purposes.
  • A cash finder’s fee of $7,500 was paid in connection with the tranche; the shares are subject to a statutory hold period until March 27 2026.

Key Details

  • Tranche Size: First tranche of a previously announced private placement (total capacity up to $300,000).
  • Shares Issued: 3,000,000 common shares.
  • Price per Share: $0.05.
  • Gross Proceeds: $150,000.
  • Statutory Hold Period: Approximately four months, ending March 27 2026.
  • Finder’s Fee: Cash commission of $7,500 paid to a qualified non‑related party.
  • Use of Net Proceeds: General corporate purposes.

Notable Quotes

(No CEO/President quotes were included in the release.)

Read the original news release →

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