TriNorth Capital Inc. Completes New Financing And Name Change
TriNorth Capital Inc. announced that it has completed the initial tranche of a non-brokered private placement. The funding, totalling $21.5 million, was concluded through the issuance of 71.8 million common shares (taking account of the one-for-10 consolidation described below). The statutory hold periods for the common shares issued under the financing will expire on September 30, 2012. As approved by shareholders, Difference Capital expects to close a secondary financing at an issuance price of $0.30 per share on or about June 7, 2012. The Company has changed its name to Difference Capital Funding Inc. As a result, the ticker symbol will change to DCF, effective June 1, 2012.
Latest Developments for Difference Capital Financial Inc
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