First Robinson Financial Corp. (OTCPK:FRFC) announced a private placement of equity for gross proceeds of $2941855 on April 30, 2014. The company will issue securities pursuant to exemption provided under Regulation D. The minimum investment accepted from any outside investor is $1,050.

On May 2, 2014, First Robinson Financial Corp. closed the transaction. The company has received $514,850 from eight investors.