other material
confidence high
sentiment neutral
materiality 0.60
Spectral Capital completes $1.01M private placement of 5.05M shares to Chairman
SPECTRAL CAPITAL Corp
- Sean Michael Brehm (Chairman) purchased 5,050,000 shares at $0.20/share for $1,010,000.
- Shares issued under exemption from registration; proceeds added to working capital.
- Brehm was appointed director on May 13, 2024 and Chairman on June 6, 2024 prior to this purchase.
- Total shares outstanding increased by 5.05M; no further details on use of proceeds provided.