Toronto, Ontario--(Newsfile Corp. - November 26, 2025) - Green Panda Capital Corp. (TSXV: GPCC) ("Green Panda" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced private placement financing of up to $300,000 (the "Private Placement"), originally announced on November 10, 2025.
Under the first tranche of the Private Placement, the Company has issued an aggregate of 3,000,000 common shares of the Company (the "Common Shares") at a price of $0.05 per Common Share to raise gross proceeds of $150,000. The Common Shares issued pursuant to the Private Placement are subject to a statutory hold period of approximately four months ending on March 27, 2026, in accordance with applicable securities law.
In connection with the first tranche of the Private Placement, the Company paid a finder's fees consisting of a cash commission of $7,500 to a qualified non-related party. The Company intends to use the net proceeds of the Private Placement for general corporate purposes.
For further information, please contact:
Xin (Richard) Zhou
President and Chief Executive Officer
Green Panda Capital Corp.
Tel: 647-404-8966
Email: sukin21cn@hotmail.com
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This release contains forward-looking statements regarding the Private Placement, including the proposed terms, use of proceeds, insider participation, required approvals, and expected closing. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially. The Company disclaims any intention or obligation to update or revise forward-looking statements except as required by law.
This release shall not constitute an offer to sell or the solicitation of an offer to buy the common shares, nor shall there be any sale of the common shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276133
SOURCE: Green Panda Capital Corp