AXE2 ACQUISITIONS INC. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Executive Summary

• Axe2 Acquisitions Inc. announced a non‑brokered private placement of up to 1,000,000 common shares at $0.10 per share, targeting gross proceeds of up to $100,000.
• The net proceeds will be used for general corporate purposes; no funds will be paid to non‑arm’s‑length parties and no commissions or finder's fees will be incurred.
• All issued shares are subject to a four‑month hold period and escrow; the offering requires TSX Venture Exchange approval and relies on exemptions under MI 61‑101 for related‑party transactions.

Key Details

• Offering Size: Up to 1,000,000 common shares.
• Price per Share: $0.10.
• Gross Proceeds Target: Up to $100,000.
• Post‑Offering Shares Outstanding: 7,886,468 common shares.
• Use of Proceeds: General corporate purposes only.
• Hold Period & Escrow: Four‑month hold period and escrow per Canadian securities legislation and TSXV policies.
• Commission/Fees: No commission or finder's fees will be paid.
• Control Impact: Offering will not create a control person.
• Regulatory Conditions: Closing subject to prior TSXV approval; reliance on MI 61‑101 exemptions for valuation and minority shareholder approval.
• Related Party Participation: Certain insiders will subscribe, treated as related‑party transactions under MI 61‑101.

Notable Quotes

(No executive quotes were provided in the release.)