Crowdfunding
Ascenta Finance operates a registered Crowdfunding Portal called Ascenta Opportunities.
Crowdfunding legislation allows Ascenta Opportunities to introduce the average Canadian investor access to those early stage, ground floor, investment opportunities which were previously only available to friends & family of Company founders or accredited investors.
Current Listings
EnerPure Inc.
(Private -Public Listing Targeted for 2024)
Amount raised via Crowdfunding: $39,050
Number of Crowdfunding Investors: 17
Funds Raised in this Offering via all prospectus exemptions: $6,652,075
Securities Offered: Units priced at $0.55 per Unit. Each Unit consists of one common share (a "Share") and one half of one share purchase warrant (each whole warrant, a "Warrant") and one liquidity dilution warrant (“Liquidity Warrant”)
Each Warrant will be exercisable at $0.85 for a period expiring the earlier of:
12 months from a public listing liquidity event, or
10 business days from the date that the Company provides written notice of a sale liquidity event
In the event that EnerPure has not completed a public listing liquidity event or a sales liquidity event on or before the date that is 12 months after the final closing date of the Offering, each Liquidity Warrant will entitled the holder to an additional 0.1 Shares
End of Crowdfunding Campaign: October 17, 2023
Current Company Status: Private
Recently Closed
Amount raised via Crowdfunding: $4,620
Number of Crowdfunding Investors: 8
Funds Raised in this Offering via all prospectus exemptions: $1,139,160
Securities Offered: Units priced at $0.22 consisting of one common share and one half of one share purchase warrant. Each whole share purchase warrant is exercisable for an additional common share at a price of $0.40 for a period of 24 months from the date of issuance.
End of Crowdfunding Campaign: May 5, 2023
Current Company Status: Public - trading on the CSE under symbol “REDC”
Amount raised via Crowdfunding: $75,050
Number of Crowdfunding Investors: 128
Funds Raised in this Offering via all prospectus exemptions: $399,000
Securities Offered: Units priced at $0.20 consisting of one common share and one share purchase warrant. Each share purchase warrant is exercisable for an additional common share at a price of $0.35 for a period of 24 months from the date of issuance.
End of Crowdfunding Campaign: March 31, 2022
Current Company Status: Public - trading on the CSE under symbol “OBRN”
Amount raised via Crowdfunding: $82,000
Number of Crowdfunding Investors: 38
Funds Raised in this Offering via all prospectus exemptions: $2,298,500
Securities Offered: Units priced at $0.40 with each Unit consisting of one common share and one share purchase warrant. Each share purchase warrant is exercisable for an additional common share of the Company at a price of C$0.70 per share for a period expiring the earlier of: (i) 12 months from an public listing liquidity event or, (ii) 10 business days of the date that the Company provides written notice of a sale liquidity event.
End of Crowdfunding Campaign: March 31, 2022
Current Company Status: Private
Amount raised via Crowdfunding: $28,550
Number of Crowdfunding Investors: 63
Funds Raised in this Offering via other prospectus exemptions: $1,386,774.15
Securities Offered: Units priced at $0.15 consisting of one common share and one half of one share purchase warrant. Each whole share purchase warrant is exercisable for an additional common share at a price of $0.30 for a period of 24 months from the date of issuance.
End of Crowdfunding Campaign: March 15, 2022
Current Company Status: Private