Anonymous Announces Extension Of Life Offering Closing Date

Executive Summary

• The Company received CSE approval to extend the closing date of its non‑brokered private placement (“LIFE Offering”) to Nov 10, 2025.
• The offering consists of 1,750,000 units at $0.20 per unit for gross proceeds of $350,000, with an over‑allotment option that could increase total proceeds to $525,000.
• Net proceeds are earmarked for product development, marketing/rebranding, investor communications, cryptocurrency initiatives (SimpliiCrypto platform), and general working capital.

Key Details

• Extension Approval: CSE granted extension of closing date to Nov 10, 2025 to accommodate additional investor interest.
• Units & Pricing: 1,750,000 units @ $0.20 per unit → gross proceeds $350,000.
• Over‑Allotment Option: Up to 50% (875,000 additional units) may be issued, raising potential gross proceeds to $525,000.
• Unit Composition: Each unit = 1 common share + 1 warrant.
• Warrant Terms: Warrants allow purchase of one additional common share at $0.25 per share; exercisable for 24 months from closing. If the share trades ≥ $0.50 for 10 consecutive days, ANON may accelerate expiry with 30‑day notice.
• Use of Proceeds: Product development, marketing & rebranding, investor communications, cryptocurrency assets and initiatives via SimpliiCrypto platform, general & administrative expenses, working capital.
• Related Party Participation: Insiders intend to participate; transaction qualifies as a “related party transaction” under MI 61‑101. Company will rely on exemptions from valuation and minority shareholder approval requirements (fair market value ≤ 25% of market cap).
• Regulatory Conditions: Completion subject to final CSE approval. Securities issued are exempt from resale restrictions under Canadian securities law.

Notable Quotes

• “The extension reflects strong investor interest and ensures we can fully fund our strategic initiatives,” – Denis Franks, CEO.