Avrupa Minerals $547132 Financing. Winnie Wong Released Jul 25 D form

July 26, 2017 - By Linda Rogers

Avrupa Minerals Financing

Avrupa Minerals Ltd., Corporation just submitted form D regarding $547,132 equity financing. This is a new filing. Avrupa Minerals was able to fundraise $218,853 so far. That is 40.00 % of the fundraising. The total fundraising amount was $547,132. The financing form was filed on 2017-07-25. The reason for the financing was: (c) represents potential exercise price of warrants issued to U.S. investors; Cdn$1.2794=US$1.00. The fundraising still has about $328,279 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Avrupa Minerals is based in British Columbia – Canada. The firm’s business is not disclosed. The form D was signed by Winnie Wong Chief Financial Officer. The company was incorporated more than five years ago. The filler’s address is: Suite 410, 325 Howe Street, Vancouver, A1, British Columbia, Canada, V6c 1Z7. Paul Kuhn is the related person in the form and it has address: Suite 410, 325 Howe Street, Vancouver, A1, British Columbia, Canada, V6c 1Z7. Link to Avrupa Minerals Filing: 000114036117028672.

Analysis of Avrupa Minerals Offering

On average, companies in the not disclosed sector, sell 67.77 % of the total offering amount. Avrupa Minerals sold 40.00 % of the offering. The fundraising is still open. The average financing size for companies in all industries in our database is $3.05 million. The offering was 92.82 % smaller than the average of $3.05 million. Of course this should not be seen as negative. Businesses get financed for different needs and reasons. 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 Avrupa Minerals Also

The Form D signed by Winnie Wong might help Avrupa Minerals Ltd.’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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