Jones Soda plans US$765,000 private placement at US$0.33 per unit

JONES SODA CO

JONES SODA CO

JSDA

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  • Jones Soda announced a non-brokered private placement of up to 2,318,182 units at US$ 0.33 each, targeting gross proceeds up to US$ 765,000.
  • Each unit includes one common share, plus a half-warrant exercisable at US$ 0.45 for 36 months.
  • Warrants may be accelerated if the common share closes above US$ 0.47 for five consecutive trading days.
  • Proceeds earmarked for general working capital; combined with a recently closed US investor offer, total funds raised would reach US$ 2.5 million.


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