Mr. Peter Deeb reports
HAMPTON FINANCIAL CORPORATION ANNOUNCES CLOSING OF PRIVATE PLACEMENT OF SUBORDINATE VOTING SHARES
Hampton Financial Corp. has closed the private placement announced on Jan. 16, 2023, of 500,000 subordinate voting shares of the corporation at a price of 70 cents per share for aggregate proceeds of $350,000. The sole subscriber under the private placement was Deeb & Company Ltd., a corporation controlled by Peter Deeb, the chief executive officer of the corporation.
About Hampton Financial Corp.
Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments. Through its wholly owned subsidiary, Hampton Securities Ltd. (HSL), Hampton is actively engaged in family office, wealth management, institutional service and capital market activities. HSL is a full-service investment dealer, regulated by IIROC (Investment Industry Regulatory Organization of Canada) and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario and Quebec. In addition, the company provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on a recognized securities exchange in Canada.
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