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Cloud3 Ventures Inc. Closes Oversubscribed Private Placement for Nearly $350,000
Toronto, Ontario — July 10, 2026 — Leads & Copy — Cloud3 Ventures Inc. has successfully closed its previously announced non-brokered private placement, issuing 5,833,333 subordinate voting shares at $0.06 per share for gross proceeds of $349,999.98. The offering, initially announced on June 2, 2026, for up to $150,000, was subsequently upsized to $300,000 on June 11 and to $350,000 on July 2, ultimately being fully subscribed.
The net proceeds from the private placement will be allocated towards general working capital, corporate purposes, and the identification and assessment of potential accretive investment opportunities. All shares issued are subject to a statutory hold period of four months and one day, expiring on November 11, 2026, in compliance with applicable securities laws.
The shares were issued under exemptions available within Canadian securities laws, with no finder's fees or commissions paid. Insiders of the company did not participate in the offering. Cloud3 Ventures is an investment issuer focused on investing in high-potential companies across various industries with the objective of generating maximum returns.
Source: Cloud3 Ventures Inc.