SureNano Announces Private Placement

Executive Summary

• SureNano Science Ltd. announced a private placement to raise up to $1,250,000 by selling up to 10,000,000 units at $0.125 per unit.
• Each unit consists of one common share and one warrant allowing purchase of an additional share at $0.35 for 24 months, with acceleration provisions tied to the CSE price.
• Proceeds will be used for operating expenses, legal and audit fees, general working capital, market expansion for the SureNano™ surfactant, and exploration of complementary industries.

Key Details

• Units Offered: Up to 10,000,000 units @ $0.125 each → maximum gross proceeds $1,250,000.
• Unit Composition: 1 common share + 1 warrant (right to purchase one additional common share at $0.35).
• Warrant Terms: exercisable for 24 months; acceleration if CSE price ≥ $0.50 for ten consecutive trading days after four months and one day post‑closing, causing expiry 30 days after notice.
• Finder Compensation: 6% cash commission + 6% of the warrants (exercisable at $0.35) for parties introducing subscribers.
• Hold Period: All securities subject to a four‑month‑and‑one‑day hold period.
• Use of Proceeds: Operating expenses, legal and audit fees, general working capital, exploration of new markets for SureNano™ surfactor, and investigation of complementary industries.

Notable Quotes

• “We intend to use the proceeds for operating expenses, including legal and audit fees, and general working capital, including to explore new markets for our SureNano™ surfactant, and to investigate complementary industries.” – Charles MaLette, CEO, President, Director & Secretary.