VERSES Closes Final Tranche for C$10M Aggregate Proceeds under Private Placement
Further to the Company's news release dated April 18, 2024 and April 30, 2024, the Company has raised gross proceeds of $10,000,000 through the sale of 10,000,000 Special Warrants in the Private Placement.
- Further to the Company's news release dated April 18, 2024 and April 30, 2024, the Company has raised gross proceeds of $10,000,000 through the sale of 10,000,000 Special Warrants in the Private Placement.
- All securities issued pursuant to the Private Placement are subject to a four-month hold period from the date of issue.
- In the aggregate, the Company has paid to eligible finders C$317,286 and 316,536 Finder Warrants under the Private Placement.
- The Special Warrants were offered to investors under the Private Placement in both Canadian dollar and United States dollar denominations and as such, the gross proceeds of the Private Placement were determined in part by using an exchange rate of USD$1.00:C$1.3699.