Sixty Six Capital (CSE: SIX) has successfully completed a non-brokered private placement, raising CAD$3.44 million (USD$2.51 million) through the issuance of 24.58 million common shares at CAD$0.14 per share.
The proceeds will be used for purchasing BTC and general corporate purposes. The offering included participation from company insiders, with Mr. David Rowe now controlling 42.82% and Mr. Robert Keith holding 34.55% of outstanding shares post-offering. A share loan arrangement was established where certain subscribers received 19.59 million unrestricted common shares as a loan from Mr. Rowe, secured by an equal number of newly issued shares.
All securities issued are subject to a four-month hold period plus one day.
Sixty Six Capital (CSE: SIX) ha completato con successo un collocamento privato senza intermediari, raccogliendo 3,44 milioni di CAD…
