ABC Capital Management Inc. Reports Equity Interest in CR Capital Corp. (TSXV: CIT)

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Jul 31, 2020
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TORONTO, July 30, 2020 (GLOBE NEWSWIRE) -- ABC Capital Management Inc. (“ABC”) filed an early warning report today in connection with the acquisition of 1,250,000 Units (hereinafter defined) of CR Capital Corp. (the “Company”) at C$0.08 per Unit for gross proceeds of C$100,000 (the “Acquisition”), as part of the Company’s non-brokered private placement (see the Company’s news releases dated July 2, 2020, July 3, 2020, July 20, 2020 and July 24, 2020). Each “Unit” acquired consists of one common share in the Company (a “Share”) and one common share purchase warrant in the Company (a “Warrant”). Each Warrant entitles the holder thereof to acquire one Share for C$0.10 until the date which is eighteen (18) months following the closing date of the offering, whereupon the Warrants will expire.