ZOGLO'S FOOD CORP. Zoglo's Food Corp. announced a non-brokered private placement offering of up to 12,727,272 units at a price of CAD 0.055 per unit for the gross proceeds of CAD 699,999.96 on January 31, 2024. Each Unit consists of one common share and one whole Common Share purchase warrant.
Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of CAD 0.10 per common share for a period of 36 months from the closing date of the Offering. The securities issued under the Offering will be subject to a statutory hold period in Canada expiring four months and one day from the closing of the Offering. No Finder?s fees are payable in connection with the Offering.
