Mr. Sonny Janda reports
GRAND PEAK CAPITAL CORP. ANNOUNCES
NON-BROKERED PRIVATE PLACEMENT
Grand Peak Capital Corp. will conduct a non-brokered private placement of up to 10 million units at a price of three cents per unit to raise up to an aggregate total of $300,000.
Each unit will consist of one common share in the equity of the company and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the company at a price of five cents per share for a period of five years.
The proceeds of the financing will be used for working capital purposes. The financing may be subject to Canadian Securities Exchange approval.
We seek Safe Harbor.
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