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Financings

Promino amends private placement unit price

By The Northwire Desk — AI Analysis Dec 18, 2025 · 19:33 MUSL · 0.02 Promino Nutritional Sciences Inc
MUSL · Price

Executive Summary

  • Promino Nutritional Sciences Inc. amends its private placement offering price from $0.02 to $0.03 per unit.
  • All other terms of the private placement remain unchanged.
  • Net proceeds will be used to accelerate inventory growth and for general corporate purposes (excluding officer/director salaries and investor‑relations expenses).

Key Details

  • Amended Offering Price: $0.03 per unit (up from $0.02 per unit previously disclosed).
  • Offering Structure: Unchanged – still a private placement of units on the Canadian Securities Exchange.
  • Use of Proceeds:
  • Accelerate growth through investments in inventory.
  • General corporate purposes, expressly excluding accrued salaries to officers or directors and payment for investor‑relations activities as defined by CSE policies.
  • Other Terms: No changes to quantity of units offered, closing date, or any warrant/option features associated with the units.

Notable Quotes

(No CEO/President quotes were included in the release.)

Read the original news release →

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