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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Breaking Point Developments | TSXV:BPD.P | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
Breaking Point Developments Inc. (the "Company") (TSX VENTURE:BPD.P) is pleased to report that it has successfully completed its initial public offering by selling 1,505,830 common shares at a price of $0.15 per share for total gross proceeds of $225,875 (the "Offering"). PI Financial Corp. ("PI") acted as the agent for the Offering and received a cash commission of 10% of the gross proceeds of the Offering. The Company also granted an aggregate of 150,583 non-transferable compensation options to purchaser common shares at a price of $0.15 per share (the "Agent's Options"). The Agent's Options are exercisable for a period of 24 months from the date the Company's common shares are listed on the TSX Venture Exchange (the "Exchange"). The Company's common shares listed today on the Exchange under the trading symbol BPD.P. ABOUT BREAKING POINT DEVELOPMENTS INC. The Company is a capital pool company ("CPC") within the meaning of the policies of the Exchange. The Company has not commenced operations and has no assets other than cash. The Company proposes to identify and evaluate businesses and assets with a view to completing a "Qualifying Transaction" under the Exchange's CPC policies. The funds raised under the initial public offering will be used to pursue the Company's Qualifying Transaction.
1 Year Breaking Point Developments Chart |
1 Month Breaking Point Developments Chart |
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