ThreeD Capital Launches $1.5M Private Financing

ThreeD Capital (TSE:IDK) has released an update.

ThreeD Capital Inc., a venture capital firm specializing in junior resources and disruptive technologies, has announced a private placement financing to raise approximately $1.5 million by selling over 5.5 million units at $0.27 each. These units include a common share and a purchase warrant, which allows the holder to acquire additional shares at $0.40 within a 36-month period. The financing aims to support the company’s strategy of investing in early-stage companies and providing them with advisory services.

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