DGTL Holdings Inc. Reports Closing of Private Placement Financing
DGTL Holdings (TSXV: DGTL) has completed a non-brokered private placement financing, issuing 5,544,344 common shares at $0.045 per share. The shares will be subject to a mandatory four-month and one-day trading restriction period from issuance.
The company's CEO and Chairman John Belfontaine participated in the offering, acquiring 1,388,889 common shares as a related party transaction. This participation was exempt from minority shareholder approval requirements under MI 61-101, as the fair market value does not exceed 25% of the company's total market capitalization.
The gross proceeds will be allocated to working capital, with no single use exceeding 10% of the proceeds. The company has specified that no proceeds will be used for investor relations activities.
DGTL Holdings (TSXV: DGTL) ha completato un finanziamento di collocamento privato non intermediato, emettendo 5.544.344 azioni ordinarie a $0,045 per azione. Le azioni saranno soggette a un periodo di restrizione obbligatoria alla negoziazione di quattro mesi e un giorno dalla data di emissione.
Il CEO e Presidente dell'azienda John Belfontaine ha partecipato all'offerta, acquisendo 1.388.889 azioni ordinarie come transazione tra parti correlate. Questa partecipazione 猫 stata esente dai requisiti di approvazione degli azionisti di minoranza ai sensi della MI 61-101, poich茅 il valore di mercato equo non supera il 25% della capitalizzazione di mercato totale dell'azienda.
I proventi lordi saranno destinati al capitale circolante, senza che alcun singolo utilizzo superi il 10% dei proventi. L'azienda ha specificato che nessun provento sar脿 utilizzato per attivit脿 di relazioni con gli investitori.
DGTL Holdings (TSXV: DGTL) ha completado un financiamiento de colocaci贸n privada no intermediada, emitiendo 5,544,344 acciones comunes a $0.045 por acci贸n. Las acciones estar谩n sujetas a un per铆odo de restricci贸n de negociaci贸n obligatorio de cuatro meses y un d铆a a partir de la emisi贸n.
El CEO y Presidente de la compa帽铆a John Belfontaine particip贸 en la oferta, adquiriendo 1,388,889 acciones comunes como una transacci贸n entre partes relacionadas. Esta participaci贸n estuvo exenta de los requisitos de aprobaci贸n de los accionistas minoritarios bajo la MI 61-101, ya que el valor de mercado justo no supera el 25% de la capitalizaci贸n total de mercado de la compa帽铆a.
Los ingresos brutos se destinar谩n al capital de trabajo, sin que ning煤n uso individual supere el 10% de los ingresos. La compa帽铆a ha especificado que ning煤n ingreso se utilizar谩 para actividades de relaciones con inversores.
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DGTL Holdings (TSXV: DGTL) a compl茅t茅 un financement de placement priv茅 non interm茅di茅, 茅mettant 5 544 344 actions ordinaires 脿 0,045 $ par action. Les actions seront soumises 脿 une p茅riode de restriction de n茅gociation obligatoire de quatre mois et un jour 脿 partir de l'茅mission.
Le PDG et Pr茅sident de l'entreprise John Belfontaine a particip茅 脿 l'offre, acqu茅rant 1 388 889 actions ordinaires en tant que transaction entre parties li茅es. Cette participation 茅tait exempt茅e des exigences d'approbation des actionnaires minoritaires en vertu de la MI 61-101, car la juste valeur marchande ne d茅passe pas 25 % de la capitalisation boursi猫re totale de l'entreprise.
Les produits bruts seront affect茅s au fonds de roulement, sans qu'aucun usage unique ne d茅passe 10 % des produits. L'entreprise a pr茅cis茅 qu'aucun produit ne sera utilis茅 pour des activit茅s de relations avec les investisseurs.
DGTL Holdings (TSXV: DGTL) hat eine nicht vermittelte Privatplatzierung abgeschlossen und 5.544.344 Stammaktien zu $0,045 pro Aktie ausgegeben. Die Aktien unterliegen einer obligatorischen Handelsbeschr盲nkung von vier Monaten und einem Tag ab dem Ausgabedatum.
Der CEO und Vorsitzende des Unternehmens John Belfontaine nahm an dem Angebot teil und erwarb 1.388.889 Stammaktien als Transaktion zwischen nahestehenden Personen. Diese Teilnahme war gem盲脽 MI 61-101 von den Anforderungen zur Genehmigung durch Minderheitsaktion盲re befreit, da der faire Marktwert 25% der gesamten Marktkapitalisierung des Unternehmens nicht 眉berschreitet.
Die Bruttoerl枚se werden dem Betriebskapital zugewiesen, wobei keine einzelne Verwendung 10% der Erl枚se 眉berschreiten darf. Das Unternehmen hat klargestellt, dass keine Erl枚se f眉r Investor Relations-Aktivit盲ten verwendet werden.
- Successful completion of private placement financing providing additional working capital
- CEO participation in financing demonstrates management confidence
- Low share price of $0.045 indicates potential financial distress
- Dilution of existing shareholders through new share issuance
Toronto, Ontario--(Newsfile Corp. - March 7, 2025) - DGTL Holdings Inc. (TSXV: DGTL) ("DGTL" or the "Company") reports the closing of a non-brokered private placement financing (the "Offering") resulting in the issuance of 5,544,344 common shares (each a "Share") at a price of $.045 per share.
All securities issued pursuant to the Offering will be subject to a mandatory trading restriction period of four months and one day from the date of issuance. Gross proceeds will be dedicated to working capital. No one specific use of proceeds will represent
The Company also reports a related party participation in the Offering with 1,388,889 common shares being acquired by CEO and Chairman John Belfontaine. The Company notes a reliance on exemptions from the minority shareholder approval requirements of MI 61-101 by virtue of the exemption contained in section 5.7(a) of MI 61-101 as the fair market value of the related party transaction does not exceed more than the
John Belfontaine, CEO
Email: [email protected]
Phone: +1 (877) 879-3485
Website:
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