Agereh Cancels Previously Announced Non-Brokered Private Placement and Announces Proposed New Private Placement and Issuance of Stock Options

Executive Summary

• Agereh Technologies announces a new non‑brokered private placement of up to 7,407,407 units for aggregate gross proceeds of up to $500,000 at $0.0675 per unit.
• Each unit consists of one common share and one warrant exercisable at $0.09 for 24 months.
• The company also grants 400,000 stock options to directors at an exercise price of $0.12, with 200,000 vesting immediately and the remainder on January 1 2026.

Key Details

• New Offering Structure: Up to 7,407,407 units; each unit = 1 common share + 1 warrant.
• Pricing: Unit price $0.0675; warrant exercise price $0.09 per share (exercisable for 24 months).
• Proceeds Target: Gross proceeds up to $500,000.
• Exemption Used: Listed Issuer Financing Exemption (LIFE) under NI 45‑106, available in all Canadian provinces except Québec.
• Regulatory Conditions: Subject to receipt of all necessary approvals, including conditional TSX Venture Exchange approval.
• Offering Documentation: Filing accessible via the company’s SEDAR profile and website (www.agereh.com).
• Stock Options Grant: 400,000 options granted to directors at $0.12 per share; 200,000 vest immediately, remaining 200,000 vest on 2026‑01‑01.
• TSXV Approval: Option grant subject to TSX Venture Exchange approval where required.

Notable Quotes

(No direct quotes provided in the release.)