06:02:57 EDT Sun 27 Jul 2025
Enter Symbol
or Name
USA
CA



Fundamental Applications Corp
Symbol FUN
Shares Issued 32,572,344
Close 2017-02-08 C$ 0.06
Market Cap C$ 1,954,341
Recent Sedar Documents

ORIGINAL: Fundamental arranges $175,000 private placement

2017-02-09 00:06 ET - News Release

Received by email:

File: FUNNR.pdf

                            Suite 830 - 1100 Melville Street, Vancouver, BC V6E 4A6, Canada
                                                  www.funappcorp.com


            FUNDAMENTAL APPLICATIONS CORP. ANNOUNCES PRIVATE PLACEMENT

Vancouver, British Columbia, Canada, February 8, 2017 - Fundamental Applications Corp.
("Fundamental") (CSE:FUN), a leading developer of innovative smartphone applications targeted toward
millennials, announces that it intends to raise $175,000 through a non-brokered private placement.

Through this offering, the Company intends to issue 3,500,000 shares at a price of $0.05 per share for
gross proceeds of $175,000. Proceeds from the private placement will be used for general working capital
and corporate development purposes.

"Fundamental is investigating significant opportunities between our growing Foro app user base and an
explosive deregulation in the marijuana market," states CEO Brad Moore. "There is a clear synergy
between providing our users access to safe and legal cannabis products and services through Foro-based
technologies."

All securities issued in connection with the private placement will be subject to a hold period of four
months plus a day from the date of issuance in accordance with applicable securities legislation.

About Fundamental

Fundamental Applications Corp. (CSE:FUN FSE:2FA, OTCQB: FUAPF) designs, develops, markets, and
acquires innovative mobile applications targeted at the "Millennials" generation, people born in an age of
digital technology, internet access, and smart phones. This demographic is an early adopter of mobile
technology, has significant discretionary income, and is lifestyle driven with a willingness to try new things.
Fundamental's three leading mobile platforms are Foro, a peer-to-peer mobile ecommerce marketplace;
Truth, a one-to-one anonymous messaging app previously listed in the top 100 social networking apps in
the Apple App Store; and Opinit, an app that enables users to socially share their favourite online
sentiment driven content.

For more information about Fundamental, please visit www.FunAppCorp.com, or review the Company's
profiles on the SEDAR website (www.sedar.com) and the CSE website (www.thecse.com). To schedule an
interview, please contact:

Bradley Moore
Chief Executive Officer
Telephone: 514.561.9091
Email: bmoore@theforo.com
www.FunAppCorp.com

The CSE has not reviewed and does not accept responsibility for the adequacy and accuracy of this
information. The Company has no intention or obligation to update or revise any forward-looking
statements due to new information or events.
                           Suite 830 - 1100 Melville Street, Vancouver, BC V6E 4A6, Canada
                                                www.funappcorp.com


Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities
legislation, concerning the business of Fundamental. Forward-looking information is based on certain key
expectations and assumptions made by the management of Fundamental. Although Fundamental
believes that the expectations and assumptions on which such forward-looking information is based are
reasonable, undue reliance should not be placed on the forward-looking information because
Fundamental can give no assurance that they will prove to be correct. Forward-looking statements
contained in this press release are made as of the date of this press release. Fundamental disclaims any
intent or obligation to update publicly any forward-looking information, whether as a result of new
information, future events or results or otherwise, other than as required by applicable securities laws.
 


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