CleanGo Innovations Inc. Announces That It Expects To Receive CAD 0.3 Million In Funding Through A PPM

Executive Summary

• CleanGo Innovations Inc. announced a private placement of 500,000 units at CAD 0.60 per unit, raising gross proceeds of CAD 300,000.
• Each unit consists of one common share and one-half of a share purchase warrant; the full warrant is exercisable for 24 months at CAD 0.75.
• Units are subject to a four‑month hold period (plus an additional one‑day hold) and require regulatory and exchange approvals.

Key Details

• Units Offered: 500,000 units
• Issue Price: CAD 0.60 per unit
• Gross Proceeds: CAD 300,000
• Unit Composition: 1 common share + ½ share purchase warrant (full warrant exercisable at CAD 0.75)
• Warrant Term: 24 months from issuance
• Hold Period: Four‑month hold period plus an additional one‑day hold period for securities
• Investor Participation: Qualified, existing and new investors invited to participate
• Regulatory Conditions: Transaction subject to approval by the applicable regulatory authority and stock exchange

Notable Quotes

(No CEO or Board quotes were included in the release.)