Tocvan Announces Amended Private Placement

CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (“Tocvan” or the “Company”) (TOC:CSE) (CNSX:TOC.CN) announces that its previously disclosed non-brokered private placement announced on January 28, 2021 has been amended from U.S. to CDN. dollars and will now consist of the issuance of up to 2,500,000 units (the “Units”) at CDN$0.60 per Unit, for gross proceeds of up to CDN$1,500,000
(the “Offering”).  Each Unit is comprised of one common share of the Company (“Share”) and one share purchase warrant
(“Warrant”). Each Warrant will entitle the holder to acquire one additional Share in the capital of the Company at a price of CDN$0.75 for a period of 18 months from the date the Units are issued, subject to the accelerated expiry provision described below.  The Company may pay finder fees and finder warrants to eligible finders. read more