Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Midpoint Holdings - Capital Network: Capitalisation Update Report

New Investment into Midpoint, Significant Increase in Subscription Price.
Midpoint Holdings Ltd (CVE: MPT), has announced a significant new share offering to raise up to S1.2m CAD through a non-brokered private placement of 16,000,000 Common Shares at $ 0.075 CAD. The investment will be led by Halifax (Canada) based Numus Capital Corp. and PowerOne Capital Group of Toronto. Upon announcement, Midpoint Holdings Ltd (CVE: MPT), shares jumped 62.50% and was TSX.V top gainer at the closed of market yesterday. Midpoint will pay an arm's length finder's fee comprised of Common Shares equal to 7% of funds related to investments in Midpoint Holdings Ltd (CVE: MPT), and no broker warrants.
Midpoint Holdings - Capital Network: Capitalisation Update Report

The issuance of 16,000,000 new Common Shares will have a dilutive impact, albeit with the compensation to existing investors of a positive effect on share value. We expect common share dilution of c. 18.5% on an outstanding number of shares prior to this offering of 86,649,859.

Full report is available via Capital Network website
View full MPT profile View Profile

Midpoint Holdings Ltd Timeline

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use