P2P GROUP ANNOUNCES EXERCISE OF WARRANTS FOR PROCEEDS OF $432,499

Core Viewpoint - P2P Group Ltd. has successfully raised $432,499 from the exercise of 3,089,282 share purchase warrants, which will be utilized to expand its engineering team and for general working capital purposes [1][2]. Group 1: Financial Details - The total proceeds from the exercise of the warrants amount to $432,499 [1]. - Each warrant was exercised at a price of $0.14, resulting in the issuance of common shares [1]. Group 2: Company Strategy - The funds raised will be directed towards expanding the engineering team, indicating a focus on growth and development [2]. - The company is also allocating part of the proceeds for general working capital, suggesting a need for operational flexibility [2].