ONEnergy arranges $140K private placement to fund operations
What's the deal? ONEnergyDealroom has a profile for this one. Try Dealroom → has arranged a non-brokered private placement of up to four million common shares at five cents each, for gross proceeds of up to US$146.7K (roughly $140,000). No commissions or finders' fees are payable on the offering.
What's the endgame? The company intends to use the net proceeds for general corporate and working capital purposes. ONEnergy common shares trade on the NEX board of the TSX Venture ExchangeDealroom has a profile for this one. Try Dealroom → under the symbol OEG.H.
Why now? The offering is expected to close on or about October 9, 2026, in one or more tranches, subject to approvals including that of the TSX Venture Exchange. Shares issued will carry a statutory hold period of four months and one day from the applicable closing date.
The signal: At about $140,000, this ranks among the smallest raises on record — in the third percentile by amount. The modest, commission-free placement reflects a company topping up working capital rather than funding ambitious expansion.
Read more: stockwatch.com
Image credit: thetaxhaven
