MONTRÉAL, Aug. 29, 2025 /CNW/ - Geekco Technologies Corporation (the "Corporation" or "Geekco") (TSXV: GKO) is pleased to announce that it has closed as of today the first tranche of a non-brokered private placement (the "Private Placement"). Under the first tranche of Private Placement, the Corporation issued 2,150,000 units ("Units") at a price of $0.05 per Unit for aggregate gross proceeds of $107,500 out of a maximum of $400,000 (or 8,000,000 Units). Each Unit consists of one (1) Class A share of the share capital of the Corporation (each a "Common Share") and one (1) warrant (each a "Warrant"). Each Warrant entitles the holder to acquire one (1) additional Common Share at a price of $0.08 until three (3) years from their issuance date.
Read more at newswire.caGEEKCO ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT
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