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Financings

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

By The Northwire Desk — AI Analysis Dec 08, 2025 · 17:50 CGII · 0.65 CleanGo Innovations Inc.
CGII · Price

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.)

Read the original news release →

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