The Limestone Boat Company Limited Announces Up To C$2.0 Million Private Placement of Debentures

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Oct 22, 2022

COLLINGWOOD, Ontario, Oct. 21, 2022 (GLOBE NEWSWIRE) -- The Limestone Boat Company Limited (the "Corporation") (TSXV: BOAT |OTCQB: LMSBF) is pleased to announce the terms of a proposed non-brokered private placement of secured debentures ("Debentures") representing an aggregate principal amount of up to C$2.0 million of Debentures (the "Private Placement"). The Corporation expects to use the net proceeds of the Private Placement for working capital and general corporate purposes.