Right Season Announces $1.2 Million Private Placement Plan

Right Season Investments Corp. (TSXV:LITT) has announced a non-brokered private placement, aiming to raise up to $1.2 million. The offering will consist of 20,000,000 units, priced at $0.06 per Unit. Each unit includes one common share and six-tenths of a common share purchase warrant. The warrants allow holders to purchase one share within 48 months at $0.07 per share.

The funds raised will be allocated towards investment opportunities and general working capital. The company might also pay finders' fees in connection with this offering. In addition, a third-party administrative fee will be included, consisting of 1% of the shares issued in this offering.

The transaction is subject to TSX Venture Exchange approval and all issued securities will come with a four-month-and-one-day hold period. The offering will be conducted under prospectus requirement exemptions.