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Sleeping Giant Capital Corp. ( (TSE:SSX) ) has issued an update.
Sleeping Giant Capital Corp. has announced a non-brokered private placement offering of up to 350 debenture units, aiming to raise $350,000, with the offering expected to close by December 14, 2025. The proceeds will be used for general working capital and corporate purposes, with commitments already secured from insiders and existing shareholders for $180,000. The debenture units consist of a $1,000 principal amount secured convertible debenture and 20,000 common share purchase warrants, with the convertible debentures bearing interest at 12% per annum. The offering is subject to customary closing conditions and regulatory approvals, and the securities will have a resale restriction under Canadian securities laws.
More about Sleeping Giant Capital Corp.
Sleeping Giant Capital Corp. is a TSXV listed company with non-operated oil and gas assets located in Alberta, Canada.
Average Trading Volume: 38,310
Technical Sentiment Signal: Sell
Current Market Cap: C$549.8K
Learn more about SSX stock on TipRanks’ Stock Analysis page.