Wi2Wi Corporation Announces Private Placement of Up to $600,000

Wi2Wi Corporation has unveiled a non-brokered private placement offering, aiming to raise up to $600,000. The offering consists of 12,000,000 units priced at $0.05 each, with each unit comprising one common share and a half common share purchase warrant. A full warrant allows the purchase of an additional share at $0.10 within two years, subject to acceleration provisions.

The company retains the right to accelerate the warrant expiry if its share price hits $0.10 for ten consecutive days. The offering remains contingent on corporate and regulatory approvals, including from the TSX Venture Exchange. Proceeds are slated for general working capital and corporate objectives.

The issuance will adhere to a statutory hold period of four months plus a day, complying with necessary policies and legislation.