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Re: siar post# 38669

Wednesday, 03/03/2021 11:54:47 AM

Wednesday, March 03, 2021 11:54:47 AM

Post# of 42693
Good question. I believe that the private placement funding will be used as Coretec stated in the Press Release.

"to expand and accelerate the development of its CHS technology, as well as for working capital and general corporate purposes."

https://www.thecoretecgroup.com/media/press-releases/detail/1358/the-coretec-group-inc-announces-6-0-million-private

Prudential Private Capital offers a good explanatory article on Private Placements.

https://www.prudentialprivatecapital.com/perspectives/what-is-a-private-placement

Carofin also provides some insight to private placement investment considerations and the additional risks involved.

https://carofin.com/knowledge-base/investor-support/private-placement-investment-considerations/
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