Caplink Ventures Inc. announced a non-brokered private placement of 15,000,000 units at a price of CAD 0.20 per Unit for gross proceeds of at least CAD 3,000,000 on may 14, 2024. Each Unit will be comprised of one Share and one common share purchase warrant. Each Warrant will be exercisable for a period of one year and be exercisable to purchase one share at a price of CAD 0.40 per share. Completion of the Transaction is subject to the satisfaction of customary closing conditions, including the satisfactory completion of due diligence by each of the company and JF, the receipt of all required approvals and consents relating to the Transaction, including without limitation, any required approvals
of the shareholders of the company and JF, required approval of the TSXV and other approvals under applicable corporate or securities laws, completion of the Private Placement and the TSXV's approval for listing the shares of the Resulting Issuer.