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 è stata esente dai requisiti di approvazione degli azionisti di minoranza ai sensi della MI 61-101, poiché 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 sarà utilizzato per attività di relazioni con gli investitori.
DGTL Holdings (TSXV: DGTL) ha completado un financiamiento de colocación privada no intermediada, emitiendo 5,544,344 acciones comunes a $0.045 por acción. Las acciones estarán sujetas a un período de restricción de negociación obligatorio de cuatro meses y un día a partir de la emisión.
El CEO y Presidente de la compañía John Belfontaine participó en la oferta, adquiriendo 1,388,889 acciones comunes como una transacción entre partes relacionadas. Esta participación estuvo exenta de los requisitos de aprobación de los accionistas minoritarios bajo la MI 61-101, ya que el valor de mercado justo no supera el 25% de la capitalización total de mercado de la compañía.
Los ingresos brutos se destinarán al capital de trabajo, sin que ningún uso individual supere el 10% de los ingresos. La compañía ha especificado que ningún ingreso se utilizará para actividades de relaciones con inversores.
DGTL Holdings (TSXV: DGTL)가 비중개 사모 배치를 완료하고 5,544,344주 보통주를 주당 $0.045에 발행했습니다. 이 주식은 발행일로부터 4개월 1일의 의무 거래 제한 기간에 해당됩니다.
회사의 CEO이자 회장인 John Belfontaine는 관련 당사자 거래로 1,388,889주 보통주를 취득하며 이 제안에 참여했습니다. 이 참여는 MI 61-101에 따라 소수 주주 승인 요건에서 면제되었으며, 공정 시장 가치는 회사 총 시가 총액의 25%를 초과하지 않습니다.
총 수익은 운영 자본에 배정되며, 단일 용도는 수익의 10%를 초과하지 않습니다. 회사는 수익이 투자자 관계 활동에 사용되지 않을 것이라고 명시했습니다.
DGTL Holdings (TSXV: DGTL) a complété un financement de placement privé non intermédié, émettant 5 544 344 actions ordinaires à 0,045 $ par action. Les actions seront soumises à une période de restriction de négociation obligatoire de quatre mois et un jour à partir de l'émission.
Le PDG et Président de l'entreprise John Belfontaine a participé à l'offre, acquérant 1 388 889 actions ordinaires en tant que transaction entre parties liées. Cette participation était exemptée des exigences d'approbation des actionnaires minoritaires en vertu de la MI 61-101, car la juste valeur marchande ne dépasse pas 25 % de la capitalisation boursière totale de l'entreprise.
Les produits bruts seront affectés au fonds de roulement, sans qu'aucun usage unique ne dépasse 10 % des produits. L'entreprise a précisé qu'aucun produit ne sera utilisé pour des activités 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 Handelsbeschränkung 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 gemäß MI 61-101 von den Anforderungen zur Genehmigung durch Minderheitsaktionäre befreit, da der faire Marktwert 25% der gesamten Marktkapitalisierung des Unternehmens nicht überschreitet.
Die Bruttoerlöse werden dem Betriebskapital zugewiesen, wobei keine einzelne Verwendung 10% der Erlöse überschreiten darf. Das Unternehmen hat klargestellt, dass keine Erlöse für Investor Relations-Aktivitäten 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: IR@dgtlinc.com
Phone: +1 (877) 879-3485
Website: www.dgtlinc.com
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