37 Capital Announces Non-Brokered Private Placement Financing

Executive Summary

• 37 Capital Inc. proposes a non‑brokered private placement to raise up to $250,000 by issuing up to 2,500,000 units at $0.10 per unit.
• Each unit includes one common share and one warrant to purchase an additional share at $0.15 for three years; a forced‑exercise clause may trigger if the CSE price reaches $0.35 for 10 consecutive days after six months.
• Proceeds are earmarked for general working capital; securities will be subject to a four‑month and one‑day hold period and applicable regulatory restrictions.

Key Details

• Units Offered: Up to 2,500,000 units at $0.10 per unit (total gross proceeds up to $250,000).
• Unit Composition: 1 common share + 1 share purchase warrant (exercise price $0.15 per share, exercisable for three years).
• Forced Exercise Provision: If, after six months from issuance, the Company’s CSE share price trades at $0.35 or higher for ten consecutive trading days, warrants become subject to forced exercise.
• Finder’s Fees: May be payable in connection with the financing; certain insiders may participate.
• Use of Proceeds: General working capital.
• Holding Period: All securities issued will have a four‑month and one‑day hold period plus any other securities law restrictions.
• Contact: Jake H. Kalpakian, President & CEO – (604) 681‑0204; www.37capitalinc.com.

Notable Quotes

• “The funds raised from the financing will be used towards general working capital.” – Jake H. Kalpakian, President and CEO.