Brief: Terra Firma Capital Corp announces private placement and strategic alliance with Great Gulf Group

Terra Firma Capital

14/08/2017 13:00

Aug 14 (Reuters) - Terra Firma Capital Corp  TII.V  
    * Terra Firma Capital Corporation announces private 
placement and strategic alliance with Great Gulf Group 
    * Terra Firma Capital Corp - Private placement for gross 
proceeds of $3.25 million through sale of 5 million units at a 
purchase price of $0.65 per unit 
    * Terra Firma Capital Corp - Upon closing of private 
placement, Terra Firma will appoint Jerry Patava, Great Gulf's 
chief executive officer to its board 
    * Terra Firma Capital - Annually, Great Gulf will have 
right to propose one individual for nomination and election to 
Terra Firma's board of directors 
    * Terra Firma Capital Corp - Net proceeds of offering are 
expected to be used for general and corporate purposes 
 
Source text for Eikon:  ID:nMKWWyl8za  
Further company coverage:  TII.V  
 
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