HydroGraph Announces Up to Approximately C$30 Million LIFE Offering of Units

Core Viewpoint - HydroGraph Clean Power Inc. is launching a brokered private placement to raise up to approximately C$30,000,000 by offering units at C$5.10 each, which will consist of common shares and warrants [1][2]. Offering Details - The offering will consist of up to 5,882,348 units priced at C$5.10 per unit, aiming for gross proceeds of approximately C$30,000,000 [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at C$6.10 for 36 months post-closing [2]. - The offering is being conducted on a best-efforts basis by Canaccord Genuity Corp. as the lead agent, with a cash commission of 6.0% on gross proceeds and broker warrants for agents [3]. Use of Proceeds - The net proceeds from the offering will be allocated to establishing a new headquarters in Texas, advancing the development of a second graphene production facility, expanding marketing efforts, supporting R&D, strengthening intellectual property, and general working capital needs [4]. Key Terms of the Offering - Offering size is up to approximately C$30,000,000 with pricing at C$5.10 per unit [5]. - Warrants are exercisable at C$6.10, representing a 20% premium to the offering price, for a period of 36 months [5]. - The offering will be available in Canadian provinces (excluding Quebec) and certain offshore jurisdictions, with no statutory hold period for the securities issued [5]. Company Overview - HydroGraph Clean Power Inc. specializes in producing ultra-pure graphene through a patented explosion synthesis process, achieving superior purity and consistency [9].