Metasphere Labs Announces LIFE Offering

Executive Summary

• Metasphere Labs Inc. announced a listed issuer financing exemption (LIFE) offering of 2,272,727 to 9,090,909 common shares at $0.11 per share.
• The offering targets gross proceeds between $250,000 (minimum) and $1,000,000 (maximum).
• Net proceeds are earmarked for general working capital and business development, with the final closing expected around April 24 2026.

Key Details

• Offering Size: Minimum 2,272,727 shares; maximum 9,090,909 shares.
• Price per Share: $0.11 CAD.
• Gross Proceeds Range: $250,000 – $1,000,000 CAD.
• Use of Proceeds: General working capital and business development initiatives.
• Exemption Basis: Listed issuer financing exemption under NI 45‑106 Part 5A, coordinated blanket order 45‑935.
• Eligibility: Purchasers resident in Canadian provinces except Québec; U.S. persons excluded unless an exemption applies.
• Trading: Shares expected to be freely tradeable immediately after purchase, subject to CSE hold periods where applicable.
• Closing Schedule: Offering to close in one or more tranches; final tranche anticipated on or about 2026‑04‑24, subject to customary conditions and regulatory approvals (including CSE).
• No Finder’s Fees: Company does not anticipate paying any finder’s fees related to the offering.
• Documentation: Offering Document available on SEDAR+ and company website (www.metasphere.earth); investors urged to review before investing.

Notable Quotes

(None provided in release)