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Spark Power Completes Founder-Led $5.6 Million Private Placement


On June 28, 2021, Spark Power Group Inc. closed a non-brokered private placement of 2,654,028 common shares at a price of $2.11 per common share for aggregate gross proceeds of approximately $5.6 million. The majority of the equity capital was provided by the three founders of the business, with additional investment from the other members of the Spark Power senior executive team.

Cassels acted for Spark Power.

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