Appia Increases Previously Announced Bought Deal Financing to $5 Million

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 […]

About the author: StockMan
Tell us something about yourself.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet