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JESSY VENTURES CORP. ANNOUNCES PRIVATE PLACEMENT
News Release - Vancouver, British Columbia – May 27, 2021: Jessy Ventures Corp. (TSXV.P: SARG) (the “Company”) is pleased to announce that it intends to complete a non-brokered private placement of up to 2,222,222 common shares (“Shares”) at a price of $0.09 per Share for gross proceeds of up to $200,000.
The private placement is subject to TSX Venture Exchange approval and all securities issued are subject to a four month hold period. Finder’s fees may be payable in connection with the private placement, all in accordance with the policies of the TSX Venture Exchange and applicable securities laws.
The proceeds of the private placement will be used to identify and complete a Qualifying Transaction.
Contact Information
Anthony Zelen, CEO and Director Tel: 778-388-5258
Neither 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.
Forward-Looking Information
This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements that address the private placement and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forwardlooking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.