Eshbal arranges $750,000 private placement

Executive Summary

• Eshbal Functional Food Inc. has initiated a non-brokered private placement offering up to 4,411,765 units at $0.17 per unit, targeting gross proceeds of up to $750,000.
• Each unit consists of one common share and one full common share purchase warrant, with warrants exercisable at $0.30 per share for 24 months.
• Net proceeds will be used to advance acquisition opportunities, support product development, sales initiatives, and working capital.

Key Details

• Offering Size: Up to 4,411,765 units.
• Price: $0.17 per unit.
• Gross Proceeds: Up to $750,000.
• Unit Composition: Each unit comprises one common share and one full common share purchase warrant.
• Warrant Terms:
  • Exercise Price: $0.30 per share.
  • Duration: 24 months from the closing date.
  • Finders' Warrants: If fees are paid to finders, these warrants will have identical terms to the warrants included in the units.
• Use of Proceeds: Advancing acquisition opportunities, supporting continuing product development, sales initiatives, and working capital.
• Closing Date: Expected on or around January 29, 2026.
• Conditions: Subject to necessary approvals, including TSX Venture Exchange (TSX-V) approval.
• Hold Period: Securities, including finders' warrants, are subject to a statutory hold period of four months and one day from the closing date.
• Jurisdiction: Offered via private placement exemptions in Canadian provinces and jurisdictions outside Canada, including the United States.

Notable Quotes

• None provided in the text.