Business NewsMarketWire • Walmer Capital Corp. Announces Closing of Final Tranche of Private Placement Financing

Walmer Capital Corp. Announces Closing of Final Tranche of Private Placement Financing

Walmer Capital Corp. Announces Closing of Final Tranche of Private Placement Financing

CALGARY, ALBERTA--(Marketwired - Dec. 12, 2016) - Jay Richardson, Chief Executive Officer and Chairman of Walmer Capital Corp. (NEX:WAL.H) (the "Company" or "Walmer"), a capital pool company, is pleased to announce that they have completed the final tranche of its previously announced non-brokered private placement financing (the "Financing"). Pursuant to the Financing, Walmer issued 7,110,000 "flow-through" shares ("FT Shares") at a price of $0.05 per share for gross proceeds of $355,500.

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