Green Impact Partners Announces Full Commitments for Life Financing

Executive Summary

• Green Impact Partners Inc. received investor subscriptions for the full $5.0 million target under its LIFE offering at $4.00 per share and expects funding and TSX Venture Exchange approval imminently.
• The proceeds are intended to support near‑term milestones, including closing a break‑fee transaction, refinancing senior debt, potential asset sales, and financing the construction start of the Future Energy Park.
• The company also filed its third‑quarter results on SEDAR+.

Key Details

• Offering Size & Price: Maximum $5.0 million at $4.00 per share under the Listed Issuer Financing Exemption (LIFE).
• Subscription Status: Fully subscribed; subscriptions received for the maximum amount.
• Funding Timeline: Anticipated receipt of funds and formal TSX Venture Exchange approval within the coming business days.
• Use of Proceeds:
• Close break‑fee transaction.
• Replace existing senior debt.
• Pursue potential asset sale transactions (water, waste treatment, recycling facilities).
• Finance financial close and construction start of the Future Energy Park project.
• Management Commentary: CEO Jesse Douglas expressed excitement about completing the transaction to meet near‑term milestones and advance project development.
• Third‑Quarter Results: Filed and available on SEDAR+; no specific financial figures disclosed in this release.

Notable Quotes

“We are extremely excited to complete this transaction as part of our near-term milestones. GIP looks forward to closing on the break fee transaction, the replacement of our senior debt, and potential asset sale transactions over the near term so that we can proceed with financial close and construction start of the Future Energy Park,” – Jesse Douglas, Chief Executive Officer.