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

Executive Summary

• City View Green Holdings Inc. proposes a non‑brokered private placement of up to $325,000 in units at $0.08 per unit.
• Each unit consists of one common share and half of a common‑share purchase warrant; warrants are exercisable at $0.15 for the first 6 months, then $0.20 thereafter, with possible acceleration if the CSE price stays ≥ $0.22 for 10 consecutive days.
• Proceeds will be used to fund general working capital expenses.

Key Details

• Offering Size: Up to $325,000 (non‑brokered).
• Unit Price: $0.08 per unit.
• Unit Composition: 1 common share + ½ warrant (full warrant = right to purchase 1 common share).
• Warrant Terms:
• Exercise price $0.15 for the first 6 months after issuance, then $0.20 thereafter.
• Acceleration clause: if CSE closing price ≥ $0.22 for 10 consecutive trading days, Company may accelerate expiry to 30 days after notice.
• Eligibility: Units offered only to qualified purchasers under prospectus‑exempt exemptions.
• Use of Proceeds: Entire amount earmarked for general working capital.
• Finder’s Fee: May be paid to eligible finders, subject to securities law compliance and CSE policies.
• Hold Period: Securities subject to a lock‑up of four months and one day from issuance per CSE policy.
• Insider Participation: Anticipated; treated as a related‑party transaction exempt from formal valuation/minority‑shareholder approval under MI 61‑101 because the Company is not listed on the exchanges specified in subsection 5.5(b). Insider securities will not exceed 25 % of market capitalization.
• Regulatory Disclaimers: Offering not registered in the United States; no solicitation to U.S. persons unless exemption applies.

Notable Quotes

(No direct quotes were provided in the release.)