Coloured Ties Capital Inc. (TSXV: TIE) (FSE: 97A) has announced the closing of its non-brokered private placement, raising aggregate gross proceeds of $1,199,998.54 through the issuance of 2,068,963 units at $0.58 per unit. The offering, first announced on October 26, 2026, includes attached warrants exercisable at $0.72 per share until October 30, 2031. The company intends to apply the net proceeds toward general working capital, with the placement still subject to final acceptance by the TSX Venture Exchange.

Key Points

  • Coloured Ties Capital Inc. (TSXV: TIE) (FSE: 97A) is a Vancouver-based venture capital firm focused on junior resources and disruptive technologies.
  • The company closed a non-brokered private placement raising approximately $1.2 million through 2,068,963 units priced at $0.58 each.
  • Each unit includes one common share and one warrant exercisable at $0.72 per share until October 30, 2031; all securities carry a statutory hold period expiring March 1, 2027.
  • Investors will be watching for final TSXV acceptance of the offering and how working capital is deployed.

Unit Structure and Warrant Terms for the TIE Private Placement

Each of the 2,068,963 units issued consists of one common share and one common share purchase warrant. The warrants entitle holders to acquire one additional common share at an exercise price of $0.72 per share, remaining valid until October 30, 2031. The release states that no finder's fees were paid in connection with the offering, and no insiders of the company participated, nor did the transaction result in the creation of any new insiders or control persons of Coloured Ties Capital.

Use of Proceeds and TSXV Acceptance Condition

The company has stated that net proceeds from the offering will be directed toward general working capital purposes. The offering remains subject to final acceptance by the TSX Venture Exchange, which the company has identified as a forward-looking condition. The release notes that the offering was first announced on October 26, 2026, and the closing was confirmed on October 30, 2026. The immediate share price impact was not clear from available public information.

Securities Hold Period and Applicable Restrictions

All securities issued under the offering are subject to a statutory hold period expiring on March 1, 2027, in accordance with applicable Canadian securities laws and TSXV policies. The company also confirmed that the securities have not been and will not be registered under the United States Securities Act of 1933, and the offering is not available to U.S. persons absent applicable registration or exemption. Investors should note these restrictions when considering the liquidity profile of the newly issued shares and warrants during the hold period.