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Decisive Dividend Corporation Announces Upsizes to Previously Announced Bought Deal Equity Financing to $10 Million

Provided By Globe Newswire

Last update: Apr 6, 2023

KELOWNA, British Columbia, April 06, 2023 (GLOBE NEWSWIRE) -- Decisive Dividend Corporation (TSX-V: DE) (the “Corporation” or “Decisive”) is pleased to announce that it has entered into an amended agreement pursuant to which Eight Capital and Cormark Securities Inc., as joint bookrunners and co-lead underwriters, together with a syndicate of underwriters (collectively, the “Underwriters”) have now agreed to purchase, on a bought deal basis, 1,700,000 units of the Corporation (the “Units”), at a price of $5.91 per Unit (the “Issue Price”) for gross proceeds of $10,047,000 (the “Offering”). Each Unit will be comprised of one common share of the corporation (a “Common Share”) and one half of one Common Share purchase warrant. Each whole warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $7.09, for a period of 24 months following the closing of the Offering.

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