Vancouver, British Columbia, Canada – Monday, April 27, 2020 – PKS Capital Corp. (the “Corporation”), a capital pool company, is pleased to announce that it has arranged a private placement of up to 1 million common shares at a price of $0.10 per common share for gross proceeds of up to $100,000.
The proceeds from the private placement will be used for working capital purposes. The private placement is subject to regulatory approval.
On behalf of the board of PKS CAPITAL CORP.
Per: “Hari Varshney”
Hari Varshney
Chief Executive Officer
INVESTORS ARE CAUTIONED THAT TRADING IN THE SECURITIES OF A CAPITAL POOL COMPANY SHOULD BE CONSIDERED HIGHLY SPECULATIVE. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.