Boksburg Ventures Finalizes $106,000 Private Placement
VANCOUVER, BRITISH COLUMBIA -- March 28, 2025 -- NewsGenie -- Boksburg Ventures Inc. has announced the closing of a non-brokered private placement, raising gross proceeds of $106,000. The offering consisted of 4,240,000 units priced at $0.025 each. Each unit includes one common share and one transferable common share purchase warrant. Each warrant allows the holder to purchase an additional share at $0.10 within five years of issuance.
The shares issued are subject to standard hold periods according to securities regulations. The company intends to use the proceeds for general working capital purposes. No finder’s fees were paid in connection with the offering.
Eugene Beukman, Director & CEO of Boksburg Ventures Inc., confirmed the closing on behalf of the Board of Directors.
The company has issued a cautionary note regarding forward-looking statements in its press release, advising investors to review the company's MD&A and other filings on www.sedarplus.ca for further risk information.