BRK, Inc. announced that it expects to receive $0.2 million in funding from Intrepid Management Group
BRK, Inc. (OTCPK:BRKK) announced private placement restricted common shares on June 9, 2020.
On the same day the company has raised its first tranche through the issuance of 40,000 restricted common shares at a price of $5 per share for gross proceeds of $200,000. The tranche included participation from Intrepid Management Group. The company has granted Intrepid a 30-day option to invest a further $50,000.00 in straight exchange for 5,000 restricted common shares valued at $10 per share, with a 12-month no sale restriction.