FutureGen Industries Corp. Announces $500,000 Private Placement
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FutureGen Industries Corp. has announced a non-brokered private placement of up to 3,571,428 units at $0.14 per unit, aiming for gross proceeds of $500,000. Each unit includes one common share and one warrant, allowing the purchase of an additional share at $0.18 for 36 months. Proceeds will support general corporate purposes, including operational and R&D objectives. The placement is subject to regulatory approvals and includes a four-month hold period for the securities. Finders’ fees may apply, and an administrative fee of 1.0% of total shares will be issued to a third party.
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