Coloured Ties Capital Inc. Announces Close of Private Placement

Group 1 - Coloured Ties Capital Inc. has completed a non-brokered private placement, issuing 4,444,444 units at a price of $0.225 per unit, resulting in gross proceeds of $1,000,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.28 for 36 months [2] - The proceeds from the offering will be utilized for corporate and general working capital purposes, subject to regulatory approvals [3] Group 2 - All securities issued will be subject to a hold period of four months plus a day from the issuance date, adhering to applicable securities legislation [3] - The offering is not available to U.S. persons and has not been registered under the U.S. Securities Act [4][6] - The TSX Venture Exchange does not accept responsibility for the accuracy of this release [5]