Private Placements
Indrocorp Technologies Inc.
Raise of up to $3,000,000
Up to 6,000,000 units (each a “Unit”) priced at $0.50 per Unit
Each Unit consists of one common share (each a “Share”) and one half of one share purchase warrant (each whole warrant, a “Warrant”)
Each Warrant is exercisable at a price of $1.00 for a period of 24 months from the Company listing its shares on a recognized stock exchange
In the event that the Company’s shares are not listed to trade on a recognized stock exchange within 9 months of the closing of the Financing, subscribers to the financing will receive 20% in bonus shares (for example, a subscriber who subscribed for 100,000 units in the private placement will receive an additional 20,000 common shares in the Company)
Securities issued under this Offering will be subject to a standard 4 month hold period
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One Bullion Ltd.
RTO Subscription Receipt Financing for up to $10,000,000
A minimum of 13,888,888 up to a maximum of 27,777,777 Subscription Receipts
Each Subscription Receipt priced at $0.36
Each Subscription Receipt is convertible into a Unit which consists of one Common Share of the Company and one Share Purchase Warrant
Upon completion of the RTO Transaction, the resulting Units will become free trading
Each Warrant will entitle the holder to purchase one Common Share of One Bullion Ltd. (“One Bullion” or the “Company”) at a price of $0.48 for a period of 24 months from issuance
In the event that the closing price of the Company's shares is equal to or exceeds $1.00 per share for any 10 consecutive trading day period on the TSXV (or such other recognized securities exchange), One Bullion may accelerate the expiry date of the Warrants by providing 30 days' notice by way of press release
Subscription Receipt conversion and Escrow details:
The gross proceeds of the Financing, less the commission and expenses payable to the Agents pursuant to an Agency Agreement (the “Escrowed Funds”), shall be deposited into escrow with a mutually acceptable escrow agent
In the event that certain release conditions in connection with the Subscription Receipts (collectively, the “Release Conditions”) are satisfied on or prior to November 28, 2025:
the Subscription Receipts shall, without any further action on behalf of any holder thereof or consideration, convert into Units of the Company and
the Escrowed Funds shall be released from escrow to One Bullion
In the event that the Release Conditions are not satisfied on or prior to November 28, 2025:
the purchase price paid for the Subscription Receipts shall be refunded to the subscribers without interest or deduction
the Subscription Receipts shall be canceled and
no party shall have any further obligations in respect thereof
The offering is available to investors utilizing the accredited investor exemption
The offering is NOT RRSP or TFSA eligible