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Financings

Manning Ventures Announces Non-Brokered Private Placement and Resignation of Director

By The Northwire Desk — AI Analysis Mar 20, 2026 · 07:00 MANN · 0.12 Manning Ventures Inc.
MANN · Price

Executive Summary

  • Manning Ventures Inc. announced a non‑brokered private placement of up to 5,000,000 common shares at $0.06 per share, targeting gross proceeds of up to $300,000 for general working capital.
  • The company may pay finders’ fees in cash or securities and can close the offering in one or multiple tranches, with no minimum size required.
  • Etienne Moshevich is resigning as Chairman of the Board and Director effective March 20, 2026.

Key Details

  • Offering Size: Up to 5,000,000 common shares.
  • Issue Price: $0.06 per share.
  • Gross Proceeds Target: Up to $300,000.
  • Use of Proceeds: General working capital purposes.
  • Closing Flexibility: May be completed in one or more tranches; no minimum number of shares or proceeds required.
  • Finders’ Fees: Company may pay cash, securities, or a combination thereof, subject to Exchange policies.
  • Statutory Hold Period: Shares subject to a 4‑month plus one day hold period from issuance.
  • Regulatory Conditions: Closing contingent on receipt of all required regulatory and corporate approvals, including Exchange approval.
  • Board Change: Etienne Moshevich resigns as Chairman and Director effective March 20, 2026; company expresses gratitude for his service.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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