Group 1 - SureNano Science Ltd. has closed a private placement financing of 2,450,000 common shares at a price of $0.10 per share, raising total proceeds of $245,000, which includes $85,000 in debt conversion [1][2] - The proceeds from the financing will be allocated for operating expenses, including legal and audit fees, as well as general working capital, with no funds directed towards investor relations activities [2] - Charles Malette, a related party and the President, Secretary, and director of SureNano, participated in the private placement by purchasing shares for $110,000 cash and converting $85,000 in debt, resulting in him owning 9,621,600 shares, which is 40% of the common shares issued [3] Group 2 - SureNano Science Ltd. specializes in the sale and distribution of the SureNano™ surfactant, a food-grade compound designed for high-performance nanoemulsions that enhance product stability, bioavailability, clarity, and taste [4] - The company holds an exclusive license to distribute the SureNano™ surfactant in Canada, Oklahoma, and Colorado [4]
SureNano Closes Financing
Newsfile·2025-09-19 20:30