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16:08:26 EDT Sat 11 May 2024
Enter Symbol
or Name
USA
CA



37 Capital Inc (2)
Symbol JJJ
Shares Issued 7,092,709
Recent Sedar Documents

37 Capital adds acceleration clause to placement

2023-06-05 17:31 ET - News Release

Arenas Subject: 37 Capital Inc. - News Release Word Document File: '\\swfile\EmailIn\20230605 142626 Attachment JJJ_NR NBPP_June 1st Update_ Acceleration Clause_June 5 2023.docx' 37 Capital Inc. Suite 303, 570 Granville Street. Vancouver, BC V6C 3P1 Tel: (604) 681-0204 Fax: (604) 681-9428 www.37capitalinc.com email: info@37capitalinc.com NEWS RELEASE Symbols: JJJ.X - CSE HHHEF - OTC Pink 37 Capital announces acceleration clause on its proposed private placement financing VANCOUVER, BRITISH COLUMBIA. June 5, 2023. 37 Capital Inc. (the "Company" or "37 Capital") announces that further to its news release dated June 1, 2023, the Company's proposed non-brokered private placement of up to $100,000 by issuing up to 4,000,000 units of the securities of the Company at the price of $0.025 per unit will contain acceleration clause as follows: "In the event that the Company's shares trade on the CSE at $0.20 per share or above for a period of 10 consecutive trading days, a forced exercise provision will come into effect for the warrants issued in connection with this financing." Each unit will consist of one common share in the capital of the Company and one share purchase warrant to purchase an additional common share in the capital of the Company at the price of $0.05 per common share for a period of 5 years from Closing. Finder's fees may be payable in respect to this transaction and certain insiders may participate in this financing. The proceeds of this proposed financing shall be utilized towards the payment of the Company's liabilities and for general working capital purposes. For more information on the Company, please contact us at (604) 681-0204. In addition, please visit the Company's website at www.37capitalinc.com or the CSE's website at the following direct link http://thecse.com/en/listings/mining/37-capital-inc. On Behalf of the Board, 37 Capital Inc. "Jake H. Kalpakian" ____________________ Jake H. Kalpakian, President & CEO The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. Trading in the securities of the Company should be considered speculative. Certain statements contained herein are "forward-looking". Forward-looking statements may include, among others, statements regarding future plans, projected or proposed financings, costs, objectives, economic or technical performance, or the assumptions underlying any of the foregoing. In this News Release, words such as "may", "would", "could", "will", "likely", "enable", "feel", "seek", "project", "predict", "potential", "should", "might", "objective", "believe", "expect", "propose", "anticipate", "intend", "plan", "plans" "estimate", and similar words are used to identify forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, projections and estimations, there can be no assurance that these assumptions, projections or estimations are accurate. Readers, shareholders and investors are therefore cautioned not to place reliance on any forward-looking statements as the plans, assumptions, intentions or expectations upon which they are based might not occur.

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