03:02:03 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Vanity Capital Inc
Symbol VYC
Shares Issued 7,325,265
Close 2015-02-19 C$ 0.25
Market Cap C$ 1,831,316
Recent Sedar Documents

ORIGINAL: Vanity Capital arranges $250,000 private placement

2015-03-02 12:58 ET - News Release

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File: PR - Private Placement (final).docx

VANITY ANNOUNCES $250,000 PRIVATE PLACEMENT
Vancouver, British Columbia, March 3, 2015 - Vanity Capital Inc. (TSX VENTURE: VYC) ("Vanity" or the "Company") is ple
--->ased to announce a non-brokered private placement of 500,000 Units of the Company at a price of $0.50 per Unit for gro
--->ss proceeds of CDN $250,000 (the "Private Placement"). Each Unit will consist of one common share and one warrant to p
--->urchase one common share (the "Warrant") of the Company. Each warrant is exercisable into one common share of the Comp
--->any at an exercise price of $0.60 per common share for a period of twenty-four months following the closing date of th
--->e Private Placement. The Warrants contain an acceleration provision (the "Acceleration Provision") that states: "If th
--->e volume weighted average closing price of the common shares on the TSX Venture Exchange is $1.20 or more for 21 conse
--->cutive trading days at any time subsequent to the expiry of six months from the date of issuance of the Warrants, then
---> the Company will earn the right, by providing notice (the "Acceleration Notice") to the Warrant holder(s), to acceler
--->ate the Expiry Date of the Warrants to that date which is 30 days from the date of the Acceleration Notice." 
Proceeds from the Private Placement will be used to identify and evaluate other potential mineral assets. Vanity is cu
--->rrently reviewing several advanced stage mineral exploration properties in the province of Quebec. No finder's fee wil
--->l be paid in connection with this Private Placement.
The completion of the Private Placement is subject to regulatory approval, as well as approval from the TSX Venture Ex
--->change.
About Vanity
Vanity is a Canadian mineral exploration company listed on the TSX Venture Exchange (TSXV: VYC). Vanity's strategic fo
--->cus is on exploring for gold and other precious metals in Canada.
On behalf of the Board of Directors of  VANITY CAPITAL INC.
Contact
For further information, contact Nicholas Segounis, Chief Executive Officer at (604) 757-0397.
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.




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