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Financings

Harrys Manufacturing arranges $50,000 private placement

By The Northwire Desk — AI Analysis Oct 22, 2025 · 14:01 HARY · 0.01 Harrys Manufacturing Inc
HARY · Price

Executive Summary

  • Harrys Manufacturing Inc. completed a non‑brokered private placement of 5 million units at $0.01 per unit, raising gross proceeds of $50,000.
  • Each unit consists of one common share and one transferable warrant; the warrant allows purchase of an additional share at $0.05 for up to 24 months after closing.
  • Proceeds will be used to fund day‑to‑day operations and cover administrative expenses.

Key Details

  • Placement Size: 5,000,000 units
  • Unit Price: $0.01 per unit (aggregate gross proceeds of $50,000)
  • Composition of Each Unit: 1 common share + 1 transferable Share purchase warrant
  • Warrant Terms: One warrant share purchasable at an exercise price of $0.05 per share; exercisable for a period of 24 months from the closing date
  • Use of Proceeds: Primarily for day‑to‑day operating costs and administrative expenses

Notable Quotes

(No quotes were provided in the release.)

Read the original news release →

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