Roadman Announces $750,000 Non-Brokered Private Placement
07 August 2019 - 10:00PM
Roadman Investments Corp. (TSXV: LITT)(FWB: 1QD)(OTC: RMANF)
(“
Roadman Investments” or the
“
Company”) is pleased to announce a non-brokered
private placement of up to 13,636,364 units (“Units”) at a price of
$0.055 per Unit for gross proceeds of up to $750,000 (the
“Offering”).
Each Unit will consist of one common share in
the capital of the Company (a “Share”) and one-half of one common
share purchase warrant (each whole warrant, being a
“Warrant”). Each full Warrant shall be exercisable to acquire
one additional Share at a price of $0.10 for a period of two years
from the date of issuance.
In connection with the Offering, the Company may
pay a finder’s fee within the amount permitted by the policies of
the TSX-V.
Closing of the Offering is subject to a number
of conditions, including receipt of all necessary corporate and
regulatory approvals, including approval from the TSX-V. All
securities issued in connection with the Offering will be subject
to a statutory hold period of four months plus a day from the date
of issuance in accordance with applicable securities
legislation.
The net proceeds from the Offering will be used
for general corporate and working capital purposes.
About Roadman Investments
Roadman Investments Inc. is engaged in the business of incubating
and working with start up entities in with a view to generate
capital and generate returns for its shareholders via the tactical
deployment of capital across the resource, agricultural, financial
services, technology and health and wellness verticals.
For further information, please contact:
Media Contact:Nikolai Vassev
nikolaivassev@gmail.com+1 (778) 772-1751
Learn more about Roadman by visiting our website
at: https://roadmancorp.com/
Learn more about Champignon Brands by
visiting their website
at: https://champignonbrands.com/
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements –
This news release contains certain forward-looking statements,
including statements regarding the business of the Company. These
statements are subject to a number of risks and uncertainties.
Actual results may differ materially from results contemplated by
the forward-looking statements. When relying on forward-looking
statements to make decisions, investors and others should carefully
consider the foregoing factors and other uncertainties and should
not place undue reliance on such forward-looking statements. The
Company does not undertake to update any forward looking
statements, oral or written, made by itself or on its behalf except
as required by law.
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