01:29:35 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



Newnote Financial Corp
Symbol NEU
Shares Issued 19,684,000
Close 2014-12-16 C$ 0.23
Market Cap C$ 4,527,320
Recent Sedar Documents

ORIGINAL: Newnote Financial increases private placement

2014-12-17 20:58 ET - News Release

Received by email:

File: EDOCS-#120524-v1-Newnote_-_Press_Release_Private_Placement_-_December_17__2014.pdf

                                  709 - 700 West Pender Street
                                         Vancouver, BC

                       NEWNOTE ANNOUNCES PRIVATE PLACEMENT

Vancouver, B.C. � (December 17, 2014) Newnote Financial Corp. (the "Company")
(CSE:NEU; OTCQB: NWWTF; FSE: 1W4) is pleased to announce that its previously announced
private placement has been oversubscribed. Pursuant to a price protection reserved on
December 5, 2014, the Company has expanded the maximum offering from up to 2 million Units
at $0.15/Unit to 4.5 million Units at $0.15/ Unit and has delayed the closing previously
announced on November 24, 2014 and December 1, 2014. The closing will take place on
December 18, 2014 with a second tranche anticipated to close shortly thereafter. Each Unit is
comprised of one common share ("Common Share") in the capital of the Company and one
common share purchase warrant ("Warrant") where each whole Warrant entitles the holder to
purchase one additional common share ("Warrant Share") at an exercise price of $0.20 per
Warrant Share until 4:00 p.m. on the first business day after the date that is one year from the
closing date of the offering of the Units, subject to accelerated expiry where, if at any time after
the closing date of the offering of the Units, the closing sales price of the Common Shares (or
the closing bid if no sales were reported on a trading date) as quoted on the Canadian
Securities Exchange (or such other stock exchange, quotation system or market on which the
Common Shares are listed and where a majority of the trading volume of the Common Shares
occurs) is $0.30 or higher for a period of 10 consecutive trading days, then the Company may
within 5 days of such event, provide notice by way of press release to the holder of the Warrants
of the early expiry of the Warrants, and thereafter the Warrants shall expire on the date that is
30 days from the date that such notice is given. The Company will pay a finder's fee in
connection with the issuance of some of the Units equivalent to up to 10%, payable in cash and
up to 8% finder warrants each exercisable to purchase one additional common share at a price
of $0.20 per share for 24 months. All securities issued under the private placement will be
subject to a four-month hold period.

About Newnote

Newnote Financial Corp. is pioneering innovate crypto-currency and Bitcoin related software
products and services geared at the growing business segment of the bourgeoning market.
Newnote has positioned itself to being a leading contender in delivering opportunities to startup
businesses world-wide and continues to create new opportunities for its clients and its
shareholders. Newnote has a clear vision on the direction in which this new and unique
business is headed and is continually adjusting and adopting new business practices in both
technology and the policies & procedures required by banks and securities regulators.

Further information about Newnote is available under its profile on the SEDAR website
www.sedar.com and on the CSE website www.thecse.com.

For further information on Newnote, please contact:

Paul Dickson
President, CEO & Director
Newnote Financial Corp.
CSE: NEU; OTCQB: NWWTF; FSE: 1W4
Suite 709, 700 West Pender Street
Vancouver, BC V6C 1G8
Direct: 604.229.0480
Fax: 604.685.3833
Website: www.newnote.com
#120524-1
                                                         -2-


Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation,
concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking
information is based on certain key expectations and assumptions made by the company's management. Although
the company 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 the company can give
no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this
press release and the company 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.

The CSE has not reviewed, approved or disapproved the content of this press release.




#120524-1
 

File: EDOCS-#120524-v1-Newnote_-_Press_Release_Private_Placement_-_December_17__2014.DOC

 
709 - 700 West Pender Street Vancouver, BC

NEWNOTE ANNOUNCES PRIVATE PLACEMENT

 
 Vancouver, B.C. - (December 17, 2014) Newnote Financial Corp. (the "Company") (CSE:NEU; OTCQB: NWWTF; FSE: 1W4) is pl
--->eased to announce that its previously announced private placement has been oversubscribed.  Pursuant to a price protec
--->tion reserved on December 5, 2014, the Company has expanded the maximum offering from up to 2 million Units at $0.15/U
--->nit to 4.5 million Units at $0.15/ Unit and has delayed the closing previously announced on November 24, 2014 and Dece
--->mber 1, 2014.  The closing will take place on December 18, 2014 with a second tranche anticipated to close shortly the
--->reafter.  Each Unit is comprised of one common share ("Common Share") in the capital of the Company and one common sha
--->re purchase warrant ("Warrant") where each whole Warrant entitles the holder to purchase one additional common share (
--->"Warrant Share") at an exercise price of $0.20 per Warrant Share until 4:00 p.m. on the first business day after the d
--->ate that is one year from the closing date of the offering of the Units, subject to accelerated expiry where, if at an
--->y time after the closing date of the offering of the Units, the closing sales price of the Common Shares (or the closi
--->ng bid if no sales were reported on a trading date) as quoted on the Canadian Securities Exchange (or such other stock
---> exchange, quotation system or market on which the Common Shares are listed and where a majority of the trading volume
---> of the Common Shares occurs) is $0.30 or higher for a period of 10 consecutive trading days, then the Company may wit
--->hin 5 days of such event, provide notice by way of press release to the holder of the Warrants of the early expiry of 
--->the Warrants, and thereafter the Warrants shall expire on the date that is 30 days from the date that such notice is g
--->iven. The Company will pay a finder's fee in connection with the issuance of some of the Units equivalent to up to 10%
--->, payable in cash and up to 8% finder warrants each exercisable to purchase one additional common share at a price of 
--->$0.20 per share for 24 months. All securities issued under the private placement will be subject to a four-month hold 
--->period.

About Newnote

Newnote Financial Corp. is pioneering innovate crypto-currency and Bitcoin related software products and services gear
--->ed at the growing business segment of the bourgeoning market.  Newnote has positioned itself to being a leading conten
--->der in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its cli
--->ents and its shareholders.  Newnote has a clear vision on the direction in which this new and unique business is heade
--->d and is continually adjusting and adopting new business practices in both technology and the policies & procedures re
--->quired by banks and securities regulators.

Further information about Newnote is available under its profile on the SEDAR website www.sedar.com and on the CSE web
--->site www.thecse.com. 

For further information on Newnote, please contact:

Paul Dickson
President, CEO & Director
Newnote Financial Corp.
CSE: NEU; OTCQB: NWWTF; FSE: 1W4
Suite 709, 700 West Pender Street
Vancouver, BC  V6C 1G8
Direct: 604.229.0480
Fax: 604.685.3833
Website: www.newnote.com 

Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, conc
--->erning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is base
--->d on certain key expectations and assumptions made by the company's management. Although the company 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 the company can give no assurance that they will prove to be
---> correct. These forward-looking statements are made as of the date of this press release and the company disclaims any
---> intent or obligation to update publicly any forward-looking information, whether as a result of new information, futu
--->re events or results or otherwise, other than as required by applicable securities laws. 

The CSE has not reviewed, approved or disapproved the content of this press release.



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