Cancambria corrects private placement amounts

Executive Summary

• Cancambria Energy Corp. corrected its financing announcement, increasing the units issued to 8,203,375 and gross proceeds to $3,281,350.
• The unit structure (1 common share + 1 warrant) and warrant terms remain unchanged.
• All securities are subject to a four‑month‑plus hold period expiring May 30 2026.

Key Details

• Original press release stated issuance of 8,188,375 units at $0.40 per unit for $3,275,350 gross proceeds.
• Corrected figures: 8,203,375 units issued, generating $3,281,350 in gross proceeds.
• Each unit consists of:
• 1 common share
• 1 share purchase warrant
• Warrant terms: right to purchase one additional common share at an exercise price of $0.50 per share, exercisable for three years after closing.
• Hold period: securities subject to a lock‑up of four months and one day, ending May 30, 2026.

Notable Quotes

(No quotes provided in the release.)