Valterra Resource Financing
Valterra Resource Corp, Corporation just released form D regarding $188,560 equity financing. This is a new filing. Valterra Resource was able to sell $188,560. That is 100.00% of the financing offer. The total fundraising amount was $188,560. The offering form was filed on 2016-10-19. The reason for the financing was: Equivalent to CDN at $1.25.
Valterra Resource is based in British Columbia – Canada. The company’s business is not disclosed. The SEC form was signed by Lawrence Page Director and President. The company was incorporated more than five years ago. The filler’s address is: 1100-1199 West Hastings Street, Vancouver, Bc, A1, British Columbia, Canada, V6e 3T5. Lawrence Page is the related person in the form and it has address: 1100 – 1199 West Hastings Street, Vancouver, A1, British Columbia, Canada, V6e 3T5. Link to Valterra Resource Filing: 000142266916000001.
Analysis of Valterra Resource Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. Valterra Resource sold 100.00% of the offering. Could this mean that the trust in Valterra Resource is high? The average investment size for companies in all industries in our database is $3.05 million. The offering was 93.82% smaller than the average of $3.05 million. Of course this should not be taken as negative. Businesses get financed for different reasons and needs. The minimum investment for this financing is set at $0. If you know more about the reasons for the financing, please comment below.
What is Form D? What It Is Used For
Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.
Why Fundraising Reporting Is Good For Valterra Resource Also
The Form D signed by Lawrence Page might help Valterra Resource Corp’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.
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