Cashbox Ventures Ltd. Announces Further Details in Connection with its Previously Announced Financing
VANCOUVER, British Columbia, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Cashbox Ventures Ltd. (CSE: CBOX.X) (the "Corporation" or "CashBox") is pleased to announce further details regarding its non-brokered private placement (the "Financing") being conducted in connection with its previously announced business combination (the "Proposed Transaction") with LiCAN Exploration Inc. ("LiCAN") (see January 18, 2023 news release).
- VANCOUVER, British Columbia, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Cashbox Ventures Ltd. (CSE: CBOX.X) (the "Corporation" or "CashBox") is pleased to announce further details regarding its non-brokered private placement (the "Financing") being conducted in connection with its previously announced business combination (the "Proposed Transaction") with LiCAN Exploration Inc. ("LiCAN") (see January 18, 2023 news release).
- Closing of the Financing is expected to occur on or about the week of February 15, 2023.
- The gross proceeds of the Financing will be held in escrow by an escrow agent (the "Escrow Agent") acceptable to the Corporation and LiCAN.
- CashBox is incorporated under the laws of the Province of British Columbia and has a head office in Vancouver, British Columbia.