Thursday, August 10, 2017 6:41:58 AM
Click For PR placed on website TODAY
Rochester, NY — (August 8, 2017) — Natcore Technology Inc. (TSX-V: NXT; OTCQB: NTCXF) has completed its proposed non-brokered private placement, as announced on June 14, 2017. An aggregate of 2,800,000 units were issued over the three tranches of the private placement, generating aggregate gross proceeds of CDN$532,000. Each unit, sold at a price of $0.19, comprised one common share and one share purchase warrant, with each such warrant entitling the holder to purchase a further common share at $0.24 for a period of three years. Aggregate finder’s fees of $37,240 and 196,000 warrants (issued on the same terms as the units) were paid.
Proceeds of the placement will be applied to further development of Natcore’s technologies and general working capital.
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