Prime Drink Group Announces Additional Closing of Private Placement and Provides Corrective Disclosure

Company Overview - Prime Drink Group Corp. is a Québec-based corporation focused on becoming a leading diversified holding company in the beverage, influencer media, and hospitality sectors [3]. Offering Details - The company has closed an additional and final subscription for its non-brokered private placement, raising gross proceeds of $99,960 through the issuance of 100 Units, which consist of 588,000 common shares and 588,000 common share purchase warrants [1]. - The total gross proceeds raised from the entire Offering amount to $1,910,235.60 [1]. Use of Proceeds - The net proceeds from the Offering will be used to develop the company's business and for general working capital purposes [2]. Corrective Disclosure - The company issued a corrective disclosure regarding its previous news release, clarifying that each Unit was comprised of 5,880 Warrants, leading to a total of 10,648,680 Warrants issued, rather than the previously stated 7,244,000 Warrants [6]. - Additionally, the company paid cash finders' fees totaling approximately $61,475.17, correcting the earlier figure of $64,174 [6].