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AXCAP Ventures Completes Oversubscribed Offering, Raising Over $15 Million

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AXCAP Ventures Completes Oversubscribed Offering, Raising Over $15 Million

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Netcoins Holdings Inc ( (TSE:AXCP) ) has provided an update.

AXCAP Ventures Inc. announced the closure of the third and final tranche of its oversubscribed non-brokered private placement offering, issuing 5,540,000 special warrants at $0.20 each, totaling $1,108,000. The entire offering raised a total of $15,828,700 through 79,143,500 special warrants. These warrants will convert into units of common shares and purchase warrants, with proceeds aimed at advancing mineral exploration investments and other corporate purposes.

More about Netcoins Holdings Inc

YTD Price Performance: 10.53%

Average Trading Volume: 46,620

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$38.29M

See more insights into AXCP stock on TipRanks’ Stock Analysis page.

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