other material
confidence high
sentiment neutral
materiality 0.60
Brownie's Marine Group raises $365K in private placement of Units with warrants
Brownie's Marine Group, Inc
- Closed private placement of 14.6M Units at $0.025/Unit for gross proceeds of $365,000.
- Each Unit consists of one restricted share and a two-year warrant exercisable at $0.025.
- Director Charles Hyatt and an affiliate purchased 10.6M Units (73% of offering).
- No commissions or finders' fees; proceeds will be used for working capital.