Brandon contributes 14 years of capital markets experience and directly as a principal. Mr. Boddy is a founding director of both Cannabis Wheaton Income Corp. and Global Blockchain Technologies Corp. From 2006 to 2014, Brandon acted in the capacity of Vice President at Canaccord Financial Inc., as well as Principal and Senior Vice President at Jordan Capital Markets.
“Brandon is a welcome member of the board and brings demonstrated capital market expertise as BVT begins to accelerate its commercialization plans in North America and Europe”, says Michael Collinson, Chairman, “and we are pleased that Brandon has elected to invest personally in the company. His excellent skills in the public markets is a strong addition to the board. We look forward to working with him”.
“I have been following the BVT business for several years and I am excited to join the board of directors. The company has incredible world wide potential with its leadership in a unique crop protection tool”, Brandon Boddy is quoted. “I look forward to contributing my skills in the capital markets. In the past year I have raised over $350 million and my experience and connections can add value to BVT. A healthy treasury and detailed plans with a compelling story, BVT is positioned to succeed and I am thrilled to join the team”.
Mr. Boddy will receive 200,000 options for the board position; each option is exercisable to purchase one common share of the company for five years at a price of C$0.25 per common share in accordance with the terms of the company’s stock option plan and subject to TSX Venture Exchange acceptance.
In addition, Brandon will participate in a non-brokered private placement of 500,000 units of the company at a price of $0.25 per unit for gross proceeds of C$125,000.
Each unit will consist of one common share and one common share purchase warrant. Each common share purchase warrant will entitle the holder to purchase one additional common share at a price of C$0.35 per common share for a period of 2 years from the date of issue. There will be no finders fees paid pursuant to the Offering.
All securities issued or issuable under the offering will be subject to a four-month hold period in accordance with applicable Canadian securities laws.
Final closing of this offering is subject to final acceptance by the TSX Venture Exchange.
For more information:
Bee Vectoring Technologies International Inc.
T: (647) 660-5119
info@beevt.com
www.beevt.com
Bee Vectoring Technologies International Inc.
T: (647) 660-5119
info@beevt.com
www.beevt.com