Added Capital Closes First Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - August 20, 2014) - Added Capital Inc. (TSXV: AAD) ("Added" or the "Company") today announced the closing of the previously announced non-brokered private placement financing (the "Financing"). The Company has issued 1,880,000 units ("Units") at a price of $0.05 per Unit for gross proceeds of $94,000. Each Unit consists of one common share and one common share purchase warrant (a "Warrant"). Each Warrant is exercisable at a price of $0.05 per share and...
2014-08-20 8:58 AM EDT
Added Capital Announces Plans for Private Placement
Toronto, Ontario--(Newsfile Corp. - July 31, 2014) - Added Capital Inc. (TSXV: AAD) ("Added Capital" or the "Company") today announced that the Company proposes to complete a non-brokered private placement of up to a maximum of $500,000 (the "Financing"). The Financing will involve the issuance of up to 10 million units ("Units") at a price of $0.05 per Unit. Each Unit will consist of one common share and one common share purchase warrant (a "Warrant"). Each Warrant will be exercisable at a...
2014-07-31 3:45 PM EDT
Northern Financial Finalizes Name Change and Share Consolidation
Toronto, Ontario--(Newsfile Corp. - July 22, 2014) - Northern Financial Corporation (TSXV: NFC) ("Northern Financial" or the "Company") today announced that further to its press release on July 2, 2014, the Company has changed its name to Added Capital Inc. and has consolidated its common shares on the basis of one post-consolidated common share for each ten pre-consolidated common shares. Effective at the opening on Wednesday, July 23, 2014, the common shares of Added Capital Inc. will...
2014-07-22 8:30 AM EDT
Northern Financial Announces Name Change and Share Consolidation
Toronto, Ontario--(Newsfile Corp. - July 2, 2014) - Northern Financial Corporation (TSXV: NFC) ("Northern Financial" or the "Company") today announced that it has changed its name to Added Capital Inc. and is planning to consolidate the Company's common shares on the basis of one post-consolidated common share for each ten pre-consolidated common shares. The effective date of the share consolidation will be announced when the details are available. The share consolidation is subject to...
2014-07-02 6:48 PM EDT
Northern Financial Announces Plans for Private Placement
Toronto, Ontario--(Newsfile Corp. - June 12, 2014) - Northern Financial Corporation (TSXV: NFC) ("Northern Financial" or the "Company") today announces that the Company is offering a non-brokered private placement of a minimum of $300,000 and a maximum of $500,000 (the "Financing"). The Company plans to issue between 30.0mm and 50.0mm units ("Units") at a price of $0.01 per Unit. Each Unit will consist of one common share and one common share purchase warrant (a "Warrant"). Each Warrant will...
2014-06-12 1:41 PM EDT
IIROC Trade Resumption - Northern Financial Corporation
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2014) - Trading resumes in: Company: Northern Financial Corporation
2014-05-22 10:08 AM EDT
Toronto Dominion Bank Demands Payment of its Loan from Northern Financial
Toronto, Ontario--(Newsfile Corp. - May 22, 2014) - Northern Financial Corporation (TSXV: NFC) (“Northern Financial” or the “Company”) today announced that the Toronto Dominion Bank (“TD Bank”) has demanded payment of the Company’s approximately $300,000 loan by June 20, 2014. Northern Financial has not yet responded to the TD Bank’s demand for payment and currently does not have the funds to repay the TD Bank. The Company expects to deal with this matter in due course. About Northern...
2014-05-22 9:46 AM EDT
IIROC Trade Halt - Northern Financial Corporation
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2014) - The following issues have been halted by IIROC: Company:
2014-05-22 9:32 AM EDT