GTA and Tiidal Gaming Group Inc. Announce Subscription Receipt Private Placement Financing
GTA Financecorp Inc. (“GTA” or the “Company”) and Tiidal Gaming Group Inc. (“Tiidal”) are pleased to announce that Tiidal proposes to complete a private placement financing to be co-led by Beacon Securities Limited, as sole bookrunner, and Echelon Wealth Partners Inc. (the “Co-Lead Agents”) of subscription receipts (the “Subscription Receipts”) for aggregate gross proceeds of up to $5,000,000 or such other amount as Tiidal and the Co-Lead Agents may agree (the “Concurrent Financing”) at a price of $0.50 per Subscription Receipt (the “Issue Price”).
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