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Equity financing

Nican Ltd., with Strategic Investor Michael Gentile

Lane
Equity financing
Announced
12 Mar 2026
Province
Ontario
Industry
Unclassified
Status
Announced
What the filing says
NiCAN Limited (" NiCAN " or the " Company ") (TSXV: NICN ) (OTCQB: NILTF) (FRA: W8Y) announces the closing of its previously announced non-brokered private placement for aggregate gross proceeds of $1,270,000 and welcomes Michael Gentile as a strategic investor.
Terms stated
exercise price, price per security
Releases (2)
  • 20 Feb 2026 — NiCAN Announces Non-Brokered Private Placement with Strategic Investor Michael Gentile for Gross Proceeds of up to $1,270,000
  • 12 Mar 2026 — NiCAN Announces Closing of Non-Brokered Private Placement with Strategic Investor Michael Gentile for Gross Proceeds of $1,270,000
Source

The terms are in the subscriber edition

This transaction carries 3 stated terms, with the value, unit and basis of each and the consideration.

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Compiled from public filings, court documents, exchange bulletins and issuer releases. Figures are as disclosed and are not independently verified.

Not financial, investment, legal or tax advice, and not an offer to buy or sell any security. Verify everything before you transact.

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