Vancouver, BC / TheNewswire / November 22, 2016 – 360 Capital Financial Services Group Inc. (CSE: TSZ, www.360capital.ca), announces a non-brokered private placement for units of the company at a price of $0.025 per unit for up to $100,000.

 

The offering will consist of up to four million units, with each unit comprising one common share in the capital of the company and one share purchase warrant. Each warrant will entitle the holder to purchase one share for a period of three years from the closing date of the offering at an exercise price of 5 cents per share. The Offering shall be sold pursuant to exemptions from prospectus requirements in accordance with applicable securities laws and CSE policies. The proceeds received will be utilized for the Company’s working capital purposes.

 

The closing of the offering is expected to occur on or about December 15, 2016, and is subject to receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange. All securities issued pursuant to the offering will be subject to a four-month hold period in accordance with applicable Canadian securities laws.

 

About 360 Capital Financial Services Group Inc.

360 Capital Financial Services Group (CSE: TSZ, www.360capital.ca), through our subsidiaries and affiliated companies, provides a broad range of financial services including capital raising, corporate finance advisory, merchant banking, and IPO consulting. To assist in fulfilling these services, 360 Capital has created our 360 Funding Escalator™ that bridges the capital raising gap from early stage to exit for emerging venture companies. This enables us to help develop, grow, and invest in business and venture opportunities through equity investments, acquisitions, partnerships, JVs, and strategic alliances in Asia and Canada.

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

For further information, please contact:

Michael Ruggles, VP Investor Outreach

Email: alphatechoffice@gmail.com

Corporate E-mail: info@360capital.ca

 

Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions, dependence upon regulatory and shareholder approvals, the execution of definitive documentation and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise.