Canada Iron Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - June 10, 2021) - Canada Iron Inc. (the "Company" or "Canada Iron") is pleased to announce that it closed a non-brokered private placement (the "Private Placement") for gross proceeds of $50,000. Pursuant to the Private Placement, the Company issued 12,130,328 common shares in the capital of the Company ("Common Shares") at a price of $0.0041219 per Common Share.All securities issued pursuant to the Private Placement are subject to a statutory hold period of...
2021-06-10 12:43 PM EDT
Canada Iron Announces Closing of Private Placement and Debt Settlement
Toronto, Ontario--(Newsfile Corp. - May 6, 2021) - Canada Iron Inc. (the "Company" or "Canada Iron") is pleased to announce that it closed a non-brokered private placement (the "Private Placement") for gross proceeds of $60,000. Pursuant to the Private Placement, the Company issued 13,974,122 units ("Units") at a price of $0.0042937 per Unit, with each Unit consisting of one common share (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant")....
2021-05-06 10:45 AM EDT
Canada Iron Announces Closing of $10.2 Million Subscription Receipt Offering by Humble & Fume
Toronto, Ontario--(Newsfile Corp. - April 7, 2021) - Canada Iron Inc. ("Canada Iron" or the "Company") is pleased to announce the closing of Humble & Fume Inc.'s ("Humble") previously announced brokered private placement financing (the "Financing") of 10,221,000 subscription receipts (the "Subscription Receipts") at a price of $1.00 per Subscription Receipt, for gross proceeds of approximately $10.2 million. The Financing was led by Beacon Securities Limited ("Beacon") on behalf of a...
2021-04-07 9:30 AM EDT
Canada Iron Announces Reverse Takeover Transaction with Humble & Fume and Subcription Receipt Financing
Toronto, Ontario--(Newsfile Corp. - February 23, 2021) - Canada Iron Inc. ("Canada Iron" or the "Company") is pleased to announce that it has entered into a binding letter agreement (the "Letter Agreement") dated February 23, 2021 with Humble & Fume Inc. ("Humble") to complete a business combination by way of a transaction that will constitute a reverse takeover of the Company by Humble (the "Transaction"). The resulting issuer from the Transaction (the "Resulting Issuer") will carry on the...
2021-02-23 7:39 PM EST