CryptoNewsBreaks – MCX Technologies Corporation (TSX.V: MCX) Announces US$2.5M Private Placement
Feb 1, 2022
MCX Technologies (TSX.V: MCX) today announced that it intends to complete a non-brokered private placement offering to raise gross proceeds up to US$2.5 million. According to the update, the offering will consist of issuing up to 20,000,000 common shares of the company, each at a price of US$0.10. MCX plans to use the proceeds for general working capital as the company transitions into developing Web 3.0 technologies and applications. Common shares issued under the offering are subject to customary hold periods and have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Accordingly, the common shares will be offered and sold in the United States only to accredited investors and outside of the U.S. to non-U.S. persons in compliance with Regulation S.
To view the full press release, visit https://ccw.fm/HTl2H
About MCX Technologies Corporation
MCX Technologies is a Web 3.0 innovation company focused on powering technologies for the metaverse and physical worlds. For more information about the company, visit www.MCXTechnologies.io.
About CryptoCurrencyWire (“CCW”)
CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)
CryptoCurrency News Wire is where News, content and information converge via Crypto.
For more information, please visit https://www.CryptoCurrencyWire.com
Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer
CryptoCurrencyWire (CCW)
New York, New York
www.CryptoCurrencyWire.com
212.994.9818 Office
[email protected]
CryptoCurrencyWire is part of the InvestorBrandNetwork
More News
Charities and businesses wrestle with diesel cost
Cancer charity Daft as a Brush and Teesside Minibus Hire say they are struggling with pump prices.
Justice Dept. Is Investigating TV Networks Over Trump Pool Coverage
Major TV networks were notified on Friday that the department was examining whether they violated antitrust laws when they suspended pool coverage of President Trump.
Clara Wu Tsai, the Billionaire Who Wants Brooklyn to Win
Clara Wu Tsai, a co-owner of the Liberty and Nets, split from her husband of 30 years. Now she is turning her attention to leaving her mark on the borough.
China, EU talks show scope for cooperation despite disputes: expert
China and the European Union have the potential to deepen economic and trade cooperation by addressing their differences through negotiations and providing businesses with a more stable and predictable environment, a Chinese trade expert told CGTN on Saturday, following the two sides' latest trade talks in Beijing.
Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin
Ukraine's president sharply criticised the move, calling it an "investment in war that must be ended, not prolonged".
CGTN Poll: Pragmatic dialogue matters more as protectionism rises
China and the European Union (EU) have agreed to maintain stable bilateral economic and trade ties and make them more balanced as they concluded the second meeting of their trade and investment consultation mechanism in Beijing. The CGTN survey finds that 87.2% of the respondents agree that China and Europe have deeply intertwined industrial and supply chains, and that cooperation is what delivers opportunities and growth.
Explained: Outcomes of the China-EU trade and investment meeting
Chinese Minister of Commerce Wang Wentao and European Commissioner for Trade and Economic Security Maros Sefcovic jointly chaired the second meeting of the China-EU Trade and Investment Consultation Mechanism from Thursday to Friday in Beijing.
EU trade commissioner briefs media on outcomes of talks with China
EU trade commissioner briefs media on outcomes of talks with China
China's real estate market transitions into new era
As China's real estate market pivots from new development to the operation of existing properties, the country is entering an era defined by its housing stock.
China vows more proactive fiscal policy to expand domestic demand
China's Ministry of Finance has pledged to implement a more proactive fiscal policy in a forceful and effective manner.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.