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LDB Capital Corp. — Capital/Financing Update 2025
May 21, 2025
48270_rns_2025-05-21_69a1a28b-2c37-4a4e-9910-e0303c535c3d.pdf
Capital/Financing Update
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LDB CAPITAL ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia – May 21, 2025 - LDB Capital Corp. (TSXV: LDB.P) ("LDB" or the "Company"), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange"), is pleased to announce a non-brokered private placement of up to 20,000,000 common shares of the Company (each, a "Share") at a price of $0.075 per Share for gross proceeds of up to $1,500,000 (the "Private Placement").
The Company intends to use the proceeds from the Private Placement primarily for identifying and evaluating potential acquisitions or businesses with a view to completing a qualifying transaction and for general working capital purposes.
The Private Placement is subject to all necessary regulatory approvals including acceptance from the Exchange. All securities issued in connection with the Private Placement will be subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.
The Company may pay finder's fees on a portion of the Private Placement, subject to compliance with the policies of the Exchange and applicable securities legislation.
For further information contact:
David Eaton
Chief Executive Officer
Tel: (778) 331-2080
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward-looking information. In making the forward-looking disclosures in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. Forward-looking information in the release includes, without limitation, the completion of the Private Placement, the use of the available funds following completion of the Private Placement and the receipt of all regulatory approvals. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking information in this release is subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking information. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.