FRNT Financial Inc. Announces $3.0M Brokered Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, April 05, 2024 (GLOBE NEWSWIRE) -- FRNT Financial Inc. (TSXV:FRNT) (OTCQB:FRFLF) (FSE:XZ3) (the “Company” or “FRNT”) is pleased to announce a brokered private placement offering of up to 5,000,000 units of the Company (“Units”) at a price of C$0.60 per Unit (the “Offering Price”), for aggregate gross proceeds of up to C$3,000,000 (the “LIFE Offering”). The Offering is being led by Fort Capital Securities Ltd. (the “Agent”) as the sole agent and sole bookrunner on a “best efforts” basis.

Read more at globenewswire.com