other material
confidence high
sentiment neutral
materiality 0.50
CurrencyWorks closes $500k strategic financing with insider placement and registered direct offering
WASTE ENERGY CORP.
- Closed non-brokered private placement of 173,609 shares at $0.288 to insiders for $50k gross proceeds.
- Closed registered direct offering of 1,956,521 shares plus warrants at $0.23/unit to Blockchain Capital Corp. for $450k.
- Insiders participating: Cameron Chell (chairman), Swapan Kakumanu (CFO), James Geiskopf (lead director); Chell abstained.
- Warrants exercisable at $0.288/share, immediately exercisable, expiring two years from Dec 29, 2021.