11:27:53 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Maxtech Ventures Inc (2)
Symbol MVT
Shares Issued 45,648,948
Close 2017-02-23 C$ 0.325
Market Cap C$ 14,835,908
Recent Sedar Documents

Maxtech Ventures closes $607,500 private placement

2017-02-24 20:32 ET - News Release

Mr. Peter Wilson reports

MAXTECH VENTURES CLOSES FINANCING

Maxtech Ventures Inc. has closed its previously announced non-brokered private placement and has issued a total of 3,037,500 units for a total of $607,500. Each unit was offered at 20 cents per unit, and comprises one common share in the capital of the company and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share for a period of two years at an exercise price of 30 cents per share for the first year and at an exercise price of 40 cents thereafter; the warrants are also subject to an accelerated expiration clause.

The securities issued are subject to a four-month-and-one-day trading restriction to June 25, 2017. The proceeds raised will be used for working capital and to further the company's plans to acquire assets worldwide.

About Maxtech Ventures Inc.

Maxtech Ventures is a Canadian-based diversified industries corporation.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.