202430 Jan

Hampton Financial Corporation – Proposed Private Placement

Summary

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (Hampton or the Company, TSXV:HFC) advises that it has closed the non-brokered private placement of 700,000 subordinate voting shares, at the price of $0.50 per share for aggregate proceeds of $350,000, to its CEO, Peter Deeb, which was announced in the Companys press release of January 30, 2024.Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments.Through HSL, Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. HSLs Treasury Group works to maximize returns from its balance sheet and strengthen its competitive position as one of Canadas leading independent financial institutions. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. Forward-looking statements are often, but not always, identified by the use of words such as should, hopeful, recovery, "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "may", "will", "project" or similar words, including negatives thereof, suggesting future outcomes.Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond the Companys ability to predict or control which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein.

Source: Globenewswire

Funding

$350K
Amount
Jan 30 2024
Date
-
Investor
Hampton Financial Corporation
Company

Classifications

Companies