Harrys Manufacturing arranges $50,000 private placement

Executive Summary

• Harrys Manufacturing Inc. announced a non‑brokered private placement of up to 2 million units at C$0.025 per unit, targeting gross proceeds of up to C$50,000.
• Each unit consists of one common share and one transferable warrant allowing purchase of an additional share at C$0.05 for 24 months after closing.
• Net proceeds are earmarked for operating and administrative expenses; the offering is subject to standard regulatory approvals and a four‑month statutory hold period.

Key Details

• Units Offered: Up to 2,000,000 units (each = 1 common share + 1 warrant).
• Price per Unit: C$0.025, for potential gross proceeds of up to C$50,000.
• Warrant Terms: One‑for‑one warrant exercisable at C$0.05 per share; valid for 24 months from closing.
• Use of Proceeds: To fund operations and cover administrative costs.
• Regulatory Conditions: Completion contingent on corporate and CSE approvals; all securities subject to a statutory hold period of four months plus one day.
• Finder’s Fees: May be paid within limits permitted by the Canadian Securities Exchange policies.
• Quote: “We are actively developing strategies to enhance shareholder value and seeking merger partners to unlock our potential,” said CEO Nick Brusatore.

Notable Quotes

• “We are actively developing strategies to enhance shareholder value and seeking merger partners to unlock our potential.” – Nick Brusatore, Chief Executive Officer

Materiality Assessment: Non‑Material – Neutral (the financing amount is modest relative to typical corporate capital needs).