Daily Announced Financings: February 16

February 16, 2023 04:14 PM PST

Here's your daily roundup of all the notable Canadian financings announced today, courtesy of PrivatePlacements.com: the only database that tracks every private placement, every day.

1. Kontrol Technologies Corp. (CSE: KNR)

  • Gross Proceeds: $5 million
  • Sector: Green buildings
  • Units issued: 7.70 million
  • Type: Special units
  • Price: $0.65
  • Warrants: Full; $0.81; 5 years
  • Agents: Alliance Global Partners
  • Use of Proceeds: Sales and marketing

Company breakdown:

  • Company that brings greener tech and IOT tech to existing buildings, including energy retrofits
  • Argues that smart technologies can reduce emissions, make buildings more comfortable, and retrofit old buildings with modern capabilities
  • Shares are down 15 cents this week to close at 48 cents per share on Thursday

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