Facedrive Inc. Announces Allocation of Non-Brokered Private Placement and Intention to Satisfy Consulting Fee With Shares
Summary
TORONTO--(BUSINESS WIRE)--Facedrive Inc. (“Facedrive” or the “Company”) (TSXV: FD) today announces that further to its press release dated June 15, 2020, it has fully allocated its non-brokered private placement of common shares of the Company (the “Common Shares”), which is expected to result in aggregate gross proceeds of approximately $10,000,000 (the “Offering”). Facedrive is a multi-faceted “people-and-planet first” platform offering socially-responsible services to local communities with a strong commitment to doing business fairly, equitably and sustainably. Facedrive rideshare was the first to offer green transportation solutions in the TaaS space, planting thousands of trees and giving users a choice between EVs, hybrids and conventional vehicles. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law.