Agereh Technologies Announces Revised Terms of Non-brokered Private Placement

Executive Summary

• Agereh Technologies Inc. revised its previously announced non‑brokered private placement, now offering up to 10 million units at $0.05 per unit for gross proceeds of up to $500,000.
• Each unit consists of one common share and one warrant; the warrant allows purchase of an additional share at $0.10 exercisable for 24 months.
• The offering is being made under the listed issuer financing exemption (LIFE) in all Canadian provinces except Québec and remains subject to TSX Venture Exchange conditional approval.

Key Details

• Units Offered: Up to 10,000,000 units.
• Unit Composition: 1 common share + 1 common share purchase warrant per unit.
• Price per Unit: $0.05 (equivalent to $0.05 per common share).
• Aggregate Gross Proceeds Target: Up to $500,000.
• Warrant Terms: Each warrant exercisable at $0.10 per additional common share for 24 months from issuance.
• Exemption Used: Listed Issuer Financing Exemption (LIFE) under NI 45‑106, applicable in all Canadian provinces except Québec.
• Resale Restrictions: Units (shares and warrants) will not be subject to resale restrictions under Canadian securities law.
• Regulatory Conditions: Offering contingent upon receipt of required approvals, including conditional approval from the TSX Venture Exchange.
• Documentation: Offering memorandum filed on SEDAR (www.sedarplus.ca) and company website (www.agereh.com).

Notable Quotes

• Ken Brizel, CEO: “This revised private placement provides us with the capital needed to advance our AI‑driven transportation financing platform while offering investors attractive warrant participation.”