Coloured Ties Capital Inc. Announces Changes to Private Placement for Gross Proceeds of up to $1,000,000
Rhea-AI Summary
Coloured Ties Capital (TSXV: TIE) has modified its previously announced non-brokered private placement. The company now plans to raise up to $1,000,000 through the issuance of 4,444,444 units at $0.225 per unit.
Each unit consists of one common share and one warrant, with warrants exercisable at $0.28 per share for 36 months. The company may pay an 8% finder's fee to eligible parties. Securities will have a four-month hold period, and proceeds will be used for corporate and general working capital purposes. The offering requires TSX Venture Exchange approval.
Positive
- None.
Negative
- Dilutive impact from issuance of 4,444,444 new units
- Additional dilution possible from warrant exercise
- 8% finder's fee will reduce net proceeds from the offering
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) ("CTI" or the "Company") announces a change to its non-brokered private placement previously announced on June 4, 2025.
The private placement will be for up to 4,444,444 units (each, a "Unit") at a price of
All securities issued pursuant to the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The proceeds from the Offering will be used by the Company for corporate and general working capital purposes. The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange.
In connection with the Offering, the Company may pay a finder's fee to eligible arm's length parties. The finder's fee may consist of a cash fee equal to
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
For further information please contact:
Coloured Ties Capital Inc.
Kal Malhi Chief Executive Officer
kal@bullruncapital.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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