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Magna Mining Inc. — Capital/Financing Update 2020
Oct 14, 2020
46860_rns_2020-10-13_86dbf8e6-15b0-4570-84b1-5c6185e8cb44.pdf
Capital/Financing Update
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CT DEVELOPERS LTD.
1764 Rathburn Road East, Unit1
Mississauga, Ontario, L4W 2N8
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NEWS RELEASE
CT Developers Ltd. Announces Private Placement
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October 13, 2020 – Vancouver, British Columbia (NEX:DEV.H) CT Developers Ltd. ("CT" or the "Company") announces a $200,000 working capital private placement with eligible investors which will result in the issuance of up to 2,000,000 common shares at a price of $0.10 per share.
Finder’s fees may be paid to eligible parties within regulatory guidelines.
The Shares will be subject to a statutory hold period of 4-months from closing.
The Private Placement remains subject to regulatory approval.
For further information please contact:
Norman Eyolfson,
President & Chief Executive Officer
Phone: (416) 884-8601
NEITHER THE 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.