Tisdale Clean Energy Corp. ("Tisdale" or the "Company") (CSE: TCEC, OTCQB: TCEFF, FSE: T1KC), announces it has closed its non-brokered private placement (the "Offering") and has issued 5,654,666 units (each, a "Unit") at a price of $0.075 per Unit for gross proceeds of $424,100 Each Unit consists of one common share of the Company and one share purchase warrant (each, a "Warrant") exercisable at a price of $0.15 until July 31, 2027. The proceeds from the Offering will be used for general working capital purposes.
In connection with completion of the Offering, the Company paid $17,625 and issued 175,000 Warrants to certain arms-length brokerage firms that assisted in introducing subscribers to the Offering. All securities issued in connection with the Offering are subject to restrictions on resale until December 1, 2024, in accordance with applicable securities laws.
ON BEHALF OF THE BOARD OF TISDALE CLEAN ENERGY CORP.
"Alex Klenman"
Alex Klenman, CEO
For further information please contact:
Alex Klenman, CEO
Tel: 604-970-4330
info@tisdalecleanenergy.com
Tisdale Clean Energy Corp
Suite 2200, RBC Place, 885 West Georgia St.
Vancouver, BC V6C 3E8 Canada
www.tisdalecleanenergy.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release. The Canadian Securities Exchange has not in any way approved nor disapproved the contents of this news release.
