pcNewsWire – Bradstone Capital Corp. (CSE: BCA) intends to close a non-brokered private placement of 631,000 subordinate voting shares at $0.13 per share for gross proceeds of $82,030.
Proceeds will be used for general working capital purposes.
Bradstone Capital Corp. is a merchant bank that provides bridge loans and equity financings to companies across many industries in Canada and the United States.
News Release
Bradstone Capital Corp. Announces Private Placement
TORONTO, ONTARIO – (May 24, 2017) – Bradstone Capital Corp. (“Bradstone Capital” or the “Company”) (CSE: BCA) is pleased to announce a non-brokered private placement of 631,000 subordinate voting shares (a “Share”) at a price of $0.13 per Share for gross proceeds of $82,030 (the “Offering”). The proceeds of the Offering will be used for general working capital purposes.
The Offering is also subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Canadian Stock Exchange and applicable securities regulatory authorities.
For further information, please contact:
Chris Carmichael, Chief Executive Officer
Bradstone Capital Corp.
Tel: (647) 225-4337
www.bradstonecapital.com
Neither the Canadian Securities Exchange nor its Regulator Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Bradstone Capital Corp.
