Gencan Capital Inc. (CSE: GCA.X) ("Gencan" or the "Corporation") is pleased to announce that it has closed an over-subscribed non–brokered private placement (the "Private Placement") of units of the Corporation (each a "Unit") previously announced on January 9, 2024. Under the Private placement, the Corporation has issued 1,314,286 Units for gross proceeds of $92,000.02. No finder's fees were paid in connection with the Private Placement.
Gencan Capital Inc. (CSE: GCA.X) ("Gencan" or the "Corporation") today announced a non–brokered private placement of up to 1,000,000 units of the Corporation (each a "Unit") at a price of CDN$0.07 per Unit for gross proceeds of up to CDN$70,000 (the "Private Placement").