Leader Capital plans private placement for up to C$2.5 million, closes separate deal

By Sheri Kasprzak

Atlanta, Dec. 13 - Leader Capital Corp. said Monday it plans to raise C$2.5 million in a private placement of shares and that it has already raised C$750,000 in a separate deal.

The company plans to raise C$2 million in flow-through shares and C$500,000 in non flow-through shares.

Additional details about the new offering could not be obtained by press time Monday.

The company also said it has raised C$750,000 in non flow-through shares. The deal included 500,000 shares at C$1.50 each.

Leader, based in Toronto, is an investment firm. The company plans to use the proceeds from the C$2.5 million offering for working capital.

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