12:38:07 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Vanity Capital Inc
Symbol VYC
Shares Issued 10,502,265
Close 2025-08-12 C$ 0.015
Market Cap C$ 157,534
Recent Sedar+ Documents

Vanity Capital closes $500,000 private placement

2025-08-19 03:49 ET - News Release

Mr. Nicholas Segounis reports

VANITY CLOSES NON-BROKERED PRIVATE PLACEMENT

Further to the news release dated May 22, 2025, Vanity Capital Inc. has closed a non-brokered private placement for total gross proceeds of $500,000. The terms of the offering were revised from those originally announced to comply with the policies of the TSX Venture Exchange and the NEX board.

The private placement was completed at two pricing levels:

  • 10 million units at a price of one cent per unit for gross proceeds of $100,000; and
  • Eight million units at a price of five cents per unit for gross proceeds of $400,000.

Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at a price of five cents per share for a period of one year from the date of issuance. No flow-through shares were offered.

No new control person, as defined under the policies of the exchange, was created as a result of the offering.

The proceeds of the private placement will be used for general working capital purposes, to finance continuing operations, and to support the company's property investigations, exploration activities, potential acquisitions and project development. The company does not anticipate any proceeds of the private placement will be used for payments to non-arm's-length parties of the company or to persons conducting investor relations activities.

A cash finder's fee of 6 per cent, totalling $29,400, representing 6 per cent of the gross proceeds from a portion of the financing, was paid to T-Bone Ventures Inc., which is not a non-arm's-length party of the issuer, in accordance with exchange policies.

All securities issued under the offering, being units composed of common shares and warrants, are subject to a statutory hold period of four months and one day from the date of issuance, expiring on Dec. 19, 2025, in accordance with applicable Canadian securities laws.

About Vanity Capital Inc.

Vanity's legacy business was the acquisition, exploration and development of resource properties in Canada. The company's current principal business activity is focused on the identification and evaluation of opportunities to acquire one or more exploration properties in Canada.

© 2026 Canjex Publishing Ltd. All rights reserved.