Freckle I.O.T. Ltd. and Knol Resources Corp. Complete $4.5 Million Private Placement

March 29, 2019

Freckle I.O.T. Ltd. (“Freckle”) and Knol Resources Corp. (NEX: NOL.H) (“Knol”) have jointly closed the first tranche of a private placement offering of a combination of subscription receipts and units for aggregate gross proceeds of $4,554,000 (the “Offering”). Freckle, a global data company specializing in media measurement and identity, completed the Offering in connection with the proposed reverse take-over of Knol by the shareholders of Freckle.

The Offering was led by GMP Securities L.P. and PI Financial Corp. and included Canaccord Genuity Corp. and Haywood Securities (collectively, the “Agents”). 

Wildeboer Dellelce LLP acted for the Agents in connection with the Offering with a team comprised of Jeff Hergott, Danny Kharazmi and Niall Sweeney (corporate/securities).