NL2 Capital plans non-brokered private placement of 29,166,667-83,333,333 subscription receipts at $0.12 each

Reuters2026/09/09 22:11

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NL2 Capital announced a non-brokered private placement of 29,166,667 to 83,333,333 subscription receipts at CAD 0.12 each.
Gross proceeds targeted at about CAD 3.5 million to CAD 10 million for a concurrent financing tied to its Talon Group qualifying transaction.
Each subscription receipt converts into one common share upon escrow release, expected at or just before the transaction closing.
Proceeds earmarked for the cash purchase price, deal costs, working capital, potential debt repayment, general corporate purposes.
Eligible finders may receive up to 7% cash fees, up to 7% finder warrants exercisable at CAD 0.12 for two years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NL2 Capital Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609091811NEWSFILECNPR____20260909_313752_1) on September 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NL2 Capital plans non-brokered private placement of 29,166,667-83,333,333 subscription receipts at $0.12 each

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