ZTEST Electronics Inc. increased its non-brokered private placement from $500k to $1.25m due to high demand.
ZTEST Electronics Inc. increased its non-brokered private placement from $500,000 to $1.25 million due to high demand, offering 5,000,000 working capital units (WC Units) priced at $0.25 each to raise $1.25 million for working capital. Each WC Unit consists of a common share and a half common share purchase warrant, with the full warrant allowing the holder to acquire one common share at $0.30 within 18 months. Eligible finders will receive a 7% cash fee and compensation options equal to 7% of the sold WC Units, and all securities issued will be subject to a statutory four-month hold period.
April 05, 2024
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