09:50:28 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Lotus Ventures Inc
Symbol J
Shares Issued 57,373,931
Close 2018-09-11 C$ 0.285
Market Cap C$ 16,351,570
Recent Sedar Documents

Lotus Ventures arranges $2-million private placement

2018-09-11 19:51 ET - News Release

Mr. Dale McClanaghan reports

LOTUS ANNOUNCES PRIVATE PLACEMENT

Lotus Ventures Inc. has arranged an offering that will consist of up to eight million units at a purchase price of 25 cents per unit for aggregate gross proceeds of up to $2-million. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share for a period of five years from the date of issuance at a purchase price of 30 cents. The company may pay a cash finder's fee of 5 per cent. The proceeds from the offering will be used for working capital and general corporate purposes.

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