Gencan Capital Inc. Announces Private Placement of Shares

Executive Summary

• Gencan Capital Inc. announced a non‑brokered private placement of up to 500,000 common shares at CDN $0.08 per share, targeting gross proceeds of up to CDN $40,000.
• The net proceeds are intended for general working capital and corporate purposes.
• Closing is expected in the week of December 29, 2025, subject to required corporate and regulatory approvals.

Key Details

• Placement Size: Up to 500,000 common shares.
• Price per Share: CDN $0.08.
• Gross Proceeds Target: Up to CDN $40,000.
• Use of Proceeds: General working capital and corporate purposes.
• Closing Timeline: Anticipated week of December 29, 2025.
• Regulatory Conditions: Subject to approval by the Canadian Securities Exchange and other required corporate/regulatory approvals.
• Statutory Hold Period: Shares issued to Canadian investors will be subject to a four‑month plus one day hold period under applicable securities legislation.

Notable Quotes

(No executive quotes were provided in the release.)