37 Capital Announces Non-Brokered Private Placement Financing

Executive Summary

• 37 Capital Inc. proposes a non‑brokered private placement to raise up to $280,000 by issuing 4,000,000 units at $0.07 per unit.
• Each unit includes one common share and one warrant exercisable at $0.10 per share for three years, with an acceleration clause tied to the CSE price.
• Proceeds are earmarked for general working capital, and the prior financing announced on January 28 2026 has been cancelled.

Key Details

• Offering Size: Up to $280,000 total gross proceeds.
• Units Offered: Up to 4,000,000 units at $0.07 per unit.
• Unit Composition: 1 common share + 1 share purchase warrant.
• Warrant Terms: Exercise price $0.10 per share; term of three (3) years from issuance.
• Acceleration Provision: If the CSE trading price reaches ≥ $0.35 for ten consecutive days, the company may accelerate warrant expiry to 30 days after notice.
• Hold Period: All securities subject to a four‑month‑and‑one‑day hold period and applicable securities law restrictions.
• Use of Proceeds: General working capital purposes.
• Finder’s Fees: May be payable in connection with the financing.
• Insider Participation: Certain insiders may participate in the placement.
• Cancellation of Prior Financing: The financing announced on January 28 2026 is cancelled.

Notable Quotes

• “The proceeds from this private placement will support our ongoing working capital needs as we continue to advance our strategic initiatives.” – Jake H. Kalpakian, President and CEO.