|Bid||0.2900 x 0|
|Ask||0.3000 x 0|
|Day's Range||0.2900 - 0.3100|
|52 Week Range||0.0750 - 0.8500|
|Beta (5Y Monthly)||2.16|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
North Vancouver, British Columbia--(Newsfile Corp. - May 13, 2021) - Aurora Solar Technologies Inc. (TSXV: ACU) (the "Company" or "Aurora) is pleased to announce that it has closed its previously announced private placement financing of 14,200,000 units ("Units") at a price of $0.25 per unit for gross proceeds of $3,550,000, which included the exercise in full of the Agent's option. Each unit consists of one common share and one-half of one common share purchase ...
Aurora Solar Technologies Inc. (TSXV: ACU) (the "Company" or "Aurora) is pleased to announce that it has entered into an agreement with Stifel GMP to act as sole agent in connection with a proposed best efforts overnight marketed private placement of units of the Company (the "Units") for aggregate gross proceeds to the Company of approximately C$3,000,000, at a price of C$0.25 per Unit (the "Treasury Offering"). Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one-half common share purchase warrant (each whole common share purchase warrant, a "Warrant") of the Company. Each whole Warrant shall entitle the holder thereof to acquire one common share in the capital of the Company (each, a "Warrant Share") at a price of C$0.40 per Warrant Share, until the date which is 12 months following the Closing Date, subject to adjustment in certain events. The Warrants shall be callable by the Company, at the discretion of the Company, should the daily volume-weighted average trading price of the common shares of the Company on the TSX Venture Exchange exceed C$0.50 for a period of 20 consecutive trading days, at any time during the term of the Warrants ("Call Trigger"). Following a Call Trigger, the Company may give notice in writing ("Call Notice") to the holders of Warrants that any Warrant that remains unexercised by the holder thereof shall expire 30 days following the date on which the Call Notice is given.