37 Capital Announces Non-Brokered Private Placement Financing

Group 1 - 37 Capital Inc. proposes a non-brokered private placement to raise up to $250,000 by issuing up to 2,500,000 units at a price of $0.10 per unit [1] - Each unit will consist of one common share and one share purchase warrant, allowing the purchase of one common share at $0.15 for three years [1] - A forced exercise provision for the warrants will be triggered if the company's shares trade at $0.35 or above for 10 consecutive trading days after six months from issuance [1] Group 2 - Funds raised will be allocated towards general working capital [2] - Finder's fees may be applicable, and certain insiders may participate in the financing [2] - All securities issued will be subject to a four-month hold period and other restrictions under securities laws [2]