Hanna Capital arranges $170,000 private placement

Executive Summary

• Hanna Capital Corp. announced a non-brokered private placement to raise up to $170,000 through the issuance of up to 17 million units at $0.01 per unit, with proceeds designated for general working capital.
• The company reported the results of its annual and special shareholders' meeting held on December 4, 2025, where all matters, including the ratification of an advance notice policy, were approved by the requisite majority.
• New officers were appointed, with Hidir Hasgul named as Chief Executive Officer and Ankit Gosain as Chief Financial Officer.

Key Details

• Private Placement Structure:
  • Type: Non-brokered private placement.
  • Units: Up to 17,000,000 units.
  • Price: $0.01 per unit.
  • Gross Proceeds: Up to $170,000.
  • Composition: Each unit consists of one common share and one common share purchase warrant.
  • Warrant Terms: Each warrant entitles the holder to acquire one common share at an exercise price of $0.05 per share.
  • Warrant Duration: 12 months following the date of issuance.
  • Use of Proceeds: General working capital.
  • Regulatory Conditions: Subject to all necessary regulatory approvals.
  • Hold Period: Securities are subject to a four-month hold period under Canadian securities laws.
• Shareholder Meeting Results:
  • Date: Thursday, December 4, 2025.
  • Voting Participation: 68,250,495 common shares voted, representing approximately 60.11% of total issued and outstanding shares as of the record date.
  • Outcome: All matters put before shareholders were approved by the requisite majority.
• Management Appointments:
  • Hidir Hasgul: Appointed Chief Executive Officer.
  • Ankit Gosain: Appointed Chief Financial Officer.
• Corporate Governance (Advance Notice Policy):
  • Shareholders ratified an advance notice policy for director nominations.
  • Annual Meeting Deadline: Notice of nomination must be given not less than 30 days nor more than 65 days prior to the meeting (or within 10 days of public announcement if the meeting is called less than 50 days after the initial announcement).
  • Special Meeting Deadline: Notice of nomination must be given no later than the 15th day following the public announcement of the special meeting date.

Notable Quotes

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