HydroGraph Announces Up to Approximately C$30 Million LIFE Offering of Units

Executive Summary

• HydroGraph Clean Power Inc. announced a best‑efforts, fully marketed private placement of up to 5,882,348 units at C$5.10 per unit, targeting gross proceeds of approximately C$30 million.
• Each unit consists of one common share and half of a warrant; the full warrant allows purchase of an additional common share at C$6.10 for 36 months after closing.
• Net proceeds will fund the new Texas headquarters, a second graphene production facility in Texas, marketing & sales expansion, R&D programs, IP portfolio strengthening, strategic partnerships, and general working capital.

Key Details

• Offering Size: Up to C$30 million (≈5.88 M units).
• Pricing: C$5.10 per unit.
• Unit Composition: 1 common share + ½ warrant (full warrant = right to buy 1 additional common share at C$6.10).
• Warrant Terms: Exercise price C$6.10, 36‑month term; approx. 20% premium to offering price.
• Commission & Broker Warrants: Standard cash commission 6.0% of gross proceeds and broker warrants equal to 6.0% of units sold; reduced to 3.0% for investors on the President’s List.
• Warrant Acceleration Clause: If C$12.20 VWAP is sustained for ten consecutive trading days, company may accelerate expiry with ≥30‑day notice.
• Eligibility: Units eligible for RRSPs, RRIFs, RDSPs, RESPs, TFSAs, FHSAs, DPSPs. No Canadian statutory hold period.
• Closing Date: Expected on or about 5 March 2026 (or earlier/later as agreed), must close no later than 45 days from the announcement.
• Use of Proceeds:
• Establish and staff new Texas headquarters.
• Advance development of second graphene production facility in Texas.
• Expand marketing & sales initiatives.
• Support ongoing R&D programs.
• Strengthen IP portfolio and strategic partnerships.
• General working capital.
• Lead Agent: Canaccord Genuity Corp., acting as lead agent and sole bookrunner; syndicate to be formed.
• Jurisdictions: Offered in all Canadian provinces except Quebec, plus offshore jurisdictions under applicable exemptions.

Notable Quotes

(No direct quotes were provided in the release.)