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Zidane Announces Closing of Private Placement

2025-04-03 22:08 ET - News Release

(via TheNewswire)

 

April 3, 2025 – TheNewswire - Vancouver, British Columbia – Zidane Capital Corp. (NEX: ZZE.H) (“ Zidane ”), a capital pool company pursuant to TSX Venture Exchange Policy 2.4 – Capital Pool Companies (the “ CPC Policy ”), is pleased to announce the closing of the non-brokered private placement of 2,159,000 common shares (the “ Private Placement ”) previously announced on March 7, 2025 at a price of $0.05 per common share for gross proceeds of $107,950. Post financing, Zidane has 7,384,276 common shares issued and outstanding.

 

The proceeds will be used to pay outstanding liabilities of Zidane, and for working capital purposes.

 

All common shares issued to the placees under the Private Placement are subject to a four-month hold period expiring on August 4, 2025, pursuant to applicable Canadian securities legislation and stock exchange policy.

 

No commission or finder’s fees were paid in connection the Private Placement.

 

Further Information

For further information, please contact:

Casper Bych, Chief Executive Officer, Zidane Capital Corp.

Telephone:        604.417.6375

Email:                 casper@mvcap.ca

 

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.

 

Not for distribution to United States newswire services or for release publication,
distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.

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