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763997 ALBERTA LTD. (FORMERLY TARGET CAPITAL INC.) AND GRAFTON VENTURES ENERGY HOLDINGS CORP. ANNOUNCE CLOSING OF BROKERED PRIVATE PLACEMENT

Newswire.ca - Fri Mar 15, 2:03PM CDT

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

CALGARY, AB, March 15, 2024 /CNW/ - 763997 Alberta Ltd. (formerly Target Capital Inc.) ("TCI") (NEX: TCI.H) and Grafton Ventures Energy Holdings Corp. ("Grafton") are pleased to announce the closing of a brokered private placement of 24,333,901 subscription receipts of Grafton (the "Subscription Receipts") for gross proceeds of $3,650,085 (the "Private Placement") in accordance with the terms of an agency agreement dated the date hereof among Grafton, Eight Capital (the "Lead Agent"), Haywood Securities Inc., ATB Securities Inc., Canaccord Genuity Corp., and Raymond James Ltd. (together with the Lead Agent, the "Agents") (the "Agency Agreement").

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