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VANCOUVER, BC, Nov. 29, 2021 /CNW/ - Audrey Capital Corporation (the "Corporation"), a capital pool company, (TSXV: AUD.P) announces that it has opened a non-brokered private placement for the sale of up to 1,500,000 common shares at a price of $0.10 per share for gross proceeds of up to $150,000 (the "Offering").
The Offering is scheduled to close on or about December 6, 2021.
The net proceeds of the non-brokered private placement will be used by the Corporation to identify and evaluate assets or businesses for acquisition with a view to completing a "Qualifying Transaction" under the capital pool company program pursuant to Policy 2.4 of the Exchange. Investors are cautioned that trading in the securities of a capital pool company should be considered highly speculative.
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.
SOURCE Audrey Capital Corp
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