COMPANY CLOSES NON BROKERED PRIVATE PLACEMENT
August 15, 2017, Vancouver, British Columbia, Canada: 1040433 BC Ltd. (the “Company”) is pleased to announce that the Company has closed a non-brokered private placement for a total of 5,200,000 units (the “Units”) of the Company at a price of $0.03 per Unit for gross proceeds of $156,000.00 (the “Private Placement”). Each Unit consists of one (1) common share (the “Common Share”) and one-half of one (1/2) transferable common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to purchase one (1) additional Common Share of the Company at a price of $0.05 on or before August 14, 2020.
The securities issued are subject to a four (4) month hold period that expires on December 15, 2017.
Gross proceeds raised from the sale of the Units will be used for advancing new business opportunities and for general corporate purposes.
On behalf of:
1040433 BC LTD.
Eugene Beukman, President