1290442 B.C. Ltd.: 1290442 B.C. Closes Financing and Announces Management Changes
Vancouver, British Columbia (Newsfile Corp. - April 23, 2021) - 1290442 B.C. Ltd. (the
Company ) announces that it has closed a non-brokered private placement, in which it raised gross proceeds of $100,000.
This placement consisted of 100,000 common shares of the Company at a price of CAD$1.00 per common share (the
Offering ). No finder s fees were payable in connection with the Offering. The Company intends to use the proceeds of the Offering for general working capital purposes.
The Company further announces that Harvey McKenzie and Neil Novak have been appointed as directors of the Company. In addition, Balu Gopalakrishnan has been appointed CFO and Michael Lerner has been appointed CEO.
1290442 B C Closes Financing and Announces Management Changes
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