City View Green Holdings Inc. Completes Non-Brokered Private Placement

Executive Summary

• City View Green Holdings Inc. closed its non‑brokered private placement, issuing 4,062,500 units at $0.08 per unit for gross proceeds of $325,000.
• The offering included payment of $8,400 in finder's fees and the issuance of 105,000 non‑transferable finder's warrants with specified exercise prices and acceleration provisions.
• A director/officer participated, purchasing 375,000 units for $30,000; this related‑party transaction is exempt from MI 61‑101 valuation and minority‑shareholder approval requirements.

Key Details

• Units Issued: 4,062,500 at $0.08 per unit → Gross Proceeds: $325,000.
• Finder’s Fees Paid: $8,400 cash plus 105,000 non‑transferable finder's warrants.
• Finder’s Warrants Terms:
• One common share each; exercisable for two years.
• Exercise price $0.15 during the first 6 months, then $0.20 thereafter.
• Acceleration clause: if CSE closing price ≥ $0.22 for 10 consecutive trading days, expiry may be accelerated to 30 days after notice.
• Hold Period: All securities subject to a hold period expiring April 3, 2026 per CSE policies and applicable securities laws.
• Insider Participation: Director/officer purchased 375,000 units for $30,000 (gross proceeds). Treated as related‑party transaction exempt from formal MI 61‑101 valuation/approval because:
• Company not listed on exchanges specified in subsection 5.5(b).
• Fair market value of securities to insider ≤ 25% of market capitalization.
• Regulatory Notices:
• No offer or solicitation in the United States; securities not registered under the U.S. Securities Act of 1933.
• Forward‑looking statements disclaimer included.

Notable Quotes

(No direct quotes were provided in the release.)