Northwire Canada EditionMonday, August 3, 2026
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Financings

Talent Infinity Announces Changes in Non-Brokered Private Placement from Units to Common Shares the Sizing from $475,000 to $300,000

TICO · Price

Executive Summary

  • Talent Infinity Resource Developments Inc. (CSE: TICO) revised its previously announced non‑brokered private placement, now offering up to 6 million common shares at $0.05 per share for gross proceeds of up to $300,000.
  • The new structure eliminates share purchase warrants, simplifying the capital raise and preserving a clean equity base.
  • Proceeds are earmarked for general working‑capital needs; all securities will be subject to a statutory hold period of four months plus one day.

Key Details

  • Offering Size: Up to 6,000,000 common shares.
  • Price per Share: $0.05 CAD.
  • Maximum Gross Proceeds: $300,000 CAD.
  • Structure Change: The offering now consists solely of common shares; previously announced warrants are removed.
  • Use of Proceeds: General working‑capital purposes.
  • Statutory Hold Period: Four months plus one day from issuance date for all securities issued in the placement.
  • Finder’s Fees: May be paid in accordance with CSE policies.
  • Regulatory Notices: Securities are not registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent exemption.

Notable Quotes

  • “This streamlined approach is intended to provide the Company with necessary capital while maintaining a simplified capital structure,” – Derrick Gaon, CEO.
Read the original news release →

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