Leef Brands increases private placement to $1.9-million

Executive Summary

• Leef Brands Inc. has increased its previously announced private placement offering, now intending to issue up to 7.6 million units for gross proceeds of up to CAD $1.9 million.
• Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at 30 cents per share for 24 months.
• Net proceeds will be used for general working capital, supporting operations at Salisbury Canyon Ranch and accelerating scale in New York.

Key Details

• Offering Size: Increased to up to 7.6 million units.
• Price: 25 cents per unit.
• Gross Proceeds: Up to CAD $1.9 million.
• Unit Composition: Each unit consists of one common share and one common share purchase warrant.
• Warrant Terms: Each warrant entitles the holder to purchase one additional common share at an exercise price of 30 cents.
• Warrant Duration: 24 months from the closing date of the offering.
• Regulatory Basis: Conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106.
• Hold Period: Securities are not subject to a statutory hold period under applicable Canadian securities laws.
• Use of Proceeds: General working capital, supporting momentum from the Salisbury Canyon Ranch harvest, and accelerating operations in New York.
• Closing Date: Expected on or about August 15, 2025, subject to customary closing conditions and approval by the Canadian Securities Exchange (CSE).

Notable Quotes

• "This increased financing underscores investor confidence and better positions us for expanding our extraction operations across both coasts," said Micah Anderson, chief executive officer of Leef Brands. "It enhances our ability to vertically integrate, improve margins and explore new revenue streams."