Eshbal Announces Non-Brokered Private Placement

Executive Summary

• Eshbal Functional Food Inc. announced a non‑brokered private placement of up to 4,411,765 units at $0.17 per unit, targeting gross proceeds of up to $750,000.
• Each unit consists of one common share and one full warrant; the warrant allows purchase of an additional share at $0.30 for up to 24 months after closing.
• Net proceeds will be used to pursue acquisition opportunities, support product development, sales initiatives, and working capital.

Key Details

• Units Offered: Up to 4,411,765 units.
• Price per Unit: $0.17.
• Gross Proceeds Target: Up to $750,000.
• Unit Composition: 1 common share + 1 full Common Share purchase warrant.
• Warrant Exercise Price: $0.30 per share.
• Warrant Expiration: 24 months after the Closing Date.
• Closing Expected: On or around January 29, 2026.
• Hold Period: Four months and one day from the Closing Date for all securities issued, including any finder’s warrants.
• Use of Proceeds: Acquisition opportunities, ongoing product development, sales initiatives, and general working capital.
• Finder’s Fees: Company may issue finders’ warrants on the same terms as unit warrants, subject to TSXV policies.

Notable Quotes

(No direct quotes were provided in the release.)