Appia Increases Previously Announced Bought Deal Financing to $5 Million

April 29, 2021 ( Source ) — Appia Energy Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the “Company” or “ Appia “) , is pleased to announce that it has entered into a revised agreement with Research Capital Corporation as sole underwriter and sole bookrunner (the “ Underwriter ”), to increase the size of the previously announced “bought-deal” private placement offering of securities of the Company (the “ Securities ”) to an aggregate of approximately $5 million (the “ Offering ”). The Offering shall consist of a combination of: (i) units of the Company (each, a “ Unit “) at a price of $0.60 per Unit; and (ii) flow-through units of the Company (each, a “ FT Unit ”) at a price of $0.70 per FT Unit.

Each Unit shall consist of one common share of the Company (“ Common Share ”) and one Common Share […]

Click here to view original web page at investorintel.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.