Tocvan Announces Private Placement
Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (WKN:TV3/A2PE64), is pleased to announce it will shortly be closing a non-brokered private placement of up to 432,750 units (the “Units”) at CAD $0.80 per Unit for gross proceeds of up to CAD $346,200 (the “Offering”). Each Unit is comprised of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one additional Share in the capital of the Company at a price of CAD $1.40 for a period of 24 months from the date the Units are issued, subject to the accelerated expiry provision described in the notes below.
