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Global Compliance Applications raises CAD$103K via private placement and settles CAD$172.5K debt with shares.

Company Fundamentals
31 Mar 2026
Newsfile Corp
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Bullish
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Global Compliance Applications Corp. completed a private placement financing, raising CAD$103,030 by issuing 9,366,364 units at CAD$0.011 each. Each unit includes one common share and one warrant exercisable at CAD$0.05 for 24 months. Additionally, the company settled CAD$172,500 of debt by issuing 15,681,818 shares at the same price to preserve cash for operations. These shares and warrants will be subject to a hold period until August 1, 2026. The company focuses on blockchain-based compliance and wallet technology, aiming to develop a global fintech network under new leadership.

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