02:24:06 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Plymouth Rock Technologies Inc
Symbol PRT
Shares Issued 92,997,461
Close 2023-05-18 C$ 0.10
Market Cap C$ 9,299,746
Recent Sedar Documents

Plymouth Rock extends closing of placement to May 31

2023-05-18 17:46 ET - News Release

Mr. Philip Lancaster reports

PLYMOUTH ROCK EXTENDS CLOSING OF PRIVATE PLACEMENT FINANCING

Plymouth Rock Technologies Inc. intends, subject to final exchange acceptance, to proceed with the non-brokered private placement financing of up to 16,666,667 units of securities at a price of six cents per unit for aggregate gross proceeds of up to $1-million announced on April 3, 2023. The company has extended the closing to on or before May 31, 2023.

The terms of each unit remain as announced and will comprise one common share and one fully transferable share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of 10 cents for five years from closing of the offering. Finders' fees may be payable on a portion of the offering at the discretion of the company.

The net proceeds of the private placement will be used for commercialization of the company's technologies, working capital and debt settlement.

About Plymouth Rock Technologies Inc.

Plymouth Rock designs and manufactures purpose-built multirotor UAS, utilizing artificial intelligence, cutting-edge sensors and the latest dual-camera modules as standard, offering thermal capabilities alongside high-definition real-time, air-to-ground streaming, with the ability to mount multiple, various sensors, modules and payloads.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.