Sceptre Ventures closes $300,000 private placement

Executive Summary

• Sceptre Ventures Inc. has closed a fully subscribed, non-brokered private placement of common shares, amending the terms of a previously announced offering.
• The company issued 600,000 shares at a price of $0.50 per share, generating gross proceeds of $300,000.
• The proceeds are designated for identifying and evaluating a proposed qualifying transaction (as defined by TSX Venture Exchange Policy 2.4) and for general working capital purposes.

Key Details

• Transaction Structure: Non-brokered private placement of common shares.
• Quantity Issued: 600,000 common shares.
• Price Per Share: $0.50 CAD.
• Gross Proceeds: $300,000 CAD.
• Subscription Status: Fully subscribed.
• Use of Proceeds: Identifying and evaluating a proposed qualifying transaction (CPC policy) and general working capital.
• Fees: No finders' fees were paid.
• Restrictions: Shares are subject to a statutory hold period of four months and one day.
• Regulatory Status: Subject to final acceptance by the TSX Venture Exchange.
• Previous Context: The offering was originally announced on Jan. 21, 2026, with initial terms for up to six million units (preconsolidated basis), which were amended to the current share-only structure.

Notable Quotes

• None provided in the text.