Atoro Capital arranges $190,000 private placement

Executive Summary

• Atoro Capital Corp. announced a private placement of up to 3.8 million units at $0.05 per share, targeting gross proceeds of up to $190,000.
• Each unit includes one common share and one non‑transferable warrant to purchase an additional share at $0.12 for 12 months.
• Net proceeds will be used for general working capital; the offering is subject to TSX‑V approval and a four‑month hold period.

Key Details

• Offering size: Up to 3,800,000 units.
• Price per unit/share: $0.05 per common share (units priced at $0.05).
• Gross proceeds target: Up to $190,000.
• Unit composition: 1 common share + 1 non‑transferable warrant (exercise price $0.12, exercisable for 12 months from issuance).
• Use of proceeds: General working capital.
• Finder’s fees: Company may pay finder’s fees on all or part of the offering.
• Closing conditions: Subject to approval by the TSX Venture Exchange.
• Holding period: All securities subject to a four‑month hold period under Canadian securities laws and TSX‑V policies.