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Alchemy Labs Inc.

Company Description

Alchemy Labs Inc. is a nanotechnology company that is in the business of researching, developing and commercializing protective nanocomposite coatings for the automotive and defence markets.

Address: Unit 5, 265 Breithaupt St,
Kitchener, Ontario, N2H 5H3
Canada
Phone Number: 416) 575-4454
Fax Number:
Website:
Industry: MATERIALS
Closing Date:
1st Day of Trading:
Primary Symbol:
Exchange:

Proceeds

The net proceeds of the offering will be used to pay for the facility upgrades for ExoShield Ultra Production, the facility upgrades for Crypsis products, the product development for ExoShield, additional in-process research and development for Crypsis products, the new hires for increased production and development, for sales and marketing, for the estimated general and dministrative expenses for the next 12 months and for unallocated working capital.

Gross Proceeds: $15,000,000.00
Underwrting Fees: $975,000.00
Expense Offering: $447,800.00
Net Proceeds: $13,577,200.00
Lead Underwriter: Haywood Securities Inc.
Other Underwriter(s): Beacon Securities Limited
Canaccord Genuity Corp.
ATB Capital Markets Inc.
Ventum Financial Corp.