Financings
Restart Life Sciences Announces Closing First Tranche of Financing

HEAL · Price
Executive Summary
- Restart Life Sciences Corp. closed the first tranche of its non‑brokered private placement, raising CDN $500,000.
- Issued 5,000,000 units at CDN $0.10 per unit; each unit includes one common share and one transferable warrant.
- Proceeds will be used for health‑food trials, potential acquisitions, and general working capital.
Key Details
- Placement Size: Gross proceeds of CDN $500,000.
- Units Issued: 5,000,000 units at CDN $0.10 per unit.
- Unit Composition: 1 common share + 1 transferable common‑share purchase warrant (exercise price CAD $0.10, one‑year term).
- Finder Compensation: Cash finder’s fees of CAD $16,800 and issuance of 60,000 non‑transferable finder warrants (each for one common share at CAD $0.10, one‑year term).
- Hold Period: All securities subject to a hold period of four months and one day, expiring April 6, 2026.
- Use of Proceeds: Allocation toward health food trials, potential acquisitions, and general working capital.
Notable Quotes
(No direct quotes were provided in the release.)
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