SOPerior Fertilizer closes non-brokered financing
Published by John Williams,
Editorial Assistant
World Fertilizer,
SOPerior Fertilizer Corp. has announced it has closed a non-brokered private placement in which it has issued 3 165 000 units at US$0.065/unit for gross proceeds of US$205 725. Each unit is comprised of one common share and one half common share purchase warrant exercisable at US$0.12 for 3 years.
The proceeds from the private placement will be used to bolster the company’s treasury for the legal proceedings currently underway.
Finders fees of US$12 435.50 cash were paid in connection with the financing. In accordance with applicable securities legislation, all securities issued in the private placement are subject to a statutory hold period of four months and one day.
Read the article online at: https://www.worldfertilizer.com/potash/24062019/soperior-fertilizer-closes-non-brokered-financing/
You might also like
OCP Nutricrops to supply Bangladesh with 1.1 million t of fertilizers
OCP Nutricrops, a subsidiary of Morocco’s OCP Group, has signed a strategic agreement with BADC to supply 1.1 million t of fertilizers between 2025 and 2026.