Bucephalus Capital Corp.: Bucephalus Closes Private Placement
Bucephalus Capital Corp. (CSE: BCA) ("
Bucephalus" or the "
Company") is pleased to announce that further to its press release dated April 7, 2021, the Company has closed the non-brokered private placement (the "
Private Placement") as detailed below.
The Company issued 9,999,999 units (the "
Units") at a price of $0.15 per Unit for gross proceeds of $1,499,999.85. Proceeds from the Private Placement will be used by the Company for working capital and for other general and administrative costs.
Each Unit consisted of one subordinated voting common share of the Company (a "
Common Share") and one Common Share purchase warrant. Each warrant (a