Financings
Clear Blue Technologies International Announces Closing of $1.1 Million Private Placement

CBLU · Price
Executive Summary
- Clear Blue Technologies International Inc. closed the final tranche of its non‑brokered private placement, raising gross proceeds of $1,096,700.
- The offering issued 21,934,000 units at $0.05 per unit, each unit consisting of one common share and one common share purchase warrant (strike price $0.06, exercisable for 36 months).
- Net proceeds are earmarked for sales and business development activities and general working capital.
Key Details
- Units Issued: 21,934,000 units (1 common share + 1 warrant per unit).
- Pricing: $0.05 per unit; warrants exercisable at $0.06 per share for a 36‑month period.
- Gross Proceeds: $1,096,700.
- Use of Proceeds: Sales and business development initiatives; working capital.
- Finder Compensation: $36,540 paid in cash plus 730,800 finder’s warrants (each warrant allows purchase of one common share at $0.06 for 36 months).
- Regulatory Conditions: Closing subject to TSXV approval; securities subject to a hold period of four months and one day.
- Insider Participation: Insiders participated under MI 61‑101 exemptions; insider participation will not exceed 25% of market capitalization.
Notable Quotes
(No direct quotes were provided in the release.)
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Jun 22, 2026 · 19:49