37 Capital Closes First Tranche of Equity Financing

Group 1 - The company, 37 Capital Inc., has closed the first tranche of its equity financing, raising total gross proceeds of $68,750 by issuing 550,000 units at a price of $0.125 per unit [1] - Each unit consists of one common share and one share purchase warrant, allowing the purchase of one common share at a price of $0.15 for a period of three years [1] - A forced exercise provision for the warrants will be activated if the company's shares trade at $0.35 or above for 10 consecutive trading days after six months from the issuance date [1] Group 2 - The funds raised will be allocated towards general working capital [2] - All securities issued are subject to a hold period of four months and one day, expiring on February 17, 2026 [2]