Core Viewpoint - Herbal Dispatch Inc. has successfully closed an oversubscribed non-brokered private placement, raising CAD$2,078,211 through the sale of 41,564,220 units at CAD$0.05 per unit, indicating strong investor confidence in the company's growth potential [1][4]. Group 1: Private Placement Details - The private placement consisted of units that included one common share and one-half common share purchase warrant, with each full warrant exercisable at CAD$0.08 for 24 months [2]. - The company incurred finder's fees totaling CAD$103,495 in cash and issued 599,900 warrants to qualified finders who introduced investors [5]. - Insiders participated in the private placement, subscribing for 6,814,420 units, which represents approximately 16.39% of the total units sold [6][7]. Group 2: Use of Proceeds - The net proceeds from the private placement will be allocated to enhance operational resilience, including investments in premium inventory for export sales, strengthening supplier relationships, and expanding domestic market presence [3]. - These strategic allocations aim to fortify the balance sheet and position the company for scalable profitability and sustained value creation for shareholders [3]. Group 3: Regulatory and Approval Aspects - The private placement is classified as a related party transaction under Multilateral Instrument 61-101, requiring exemptions from formal valuation and minority shareholder approval due to the fair market value being below 25% of the company's market capitalization [8][9]. - The Board of Directors unanimously approved the private placement, with no contrary views expressed by any director [10].

Core Viewpoint - Herbal Dispatch Inc. is planning a non-brokered private placement to raise up to $1,000,000, which will support its anticipated export growth and working capital needs [1][2]. Group 1: Private Placement Details - The company intends to issue up to 20,000,000 units at a price of $0.05 per unit, with each unit consisting of one common share and one-half common share purchase warrant [1]. - Each full warrant can be exercised for one common share at a price of $0.08 per share for a period of 24 months after the closing date [1]. - The closing of the private placement is expected before August 29, 2025, and is subject to regulatory approvals [3]. Group 2: Use of Proceeds - Proceeds from the private placement will be utilized for working capital to support the company's expected export growth [2]. Group 3: Company Overview - Herbal Dispatch operates leading cannabis e-commerce platforms and aims to provide high-quality cannabis products at affordable prices [4]. - The company's flagship marketplace, herbaldispatch.com, offers exclusive access to small-batch craft cannabis and various product formats [4].

Group 1 - Herbal Dispatch Inc. announced the successful passing of all resolutions at its 2024 and 2025 Annual General and Special Meetings of Shareholders held on June 17, 2025 [1][2] - Shareholders voted to set the number of directors at 3, electing Philip Campbell, Drew Malcolm, and Herb Dhaliwal as directors [2] - Kingston Ross Pasnak LLP was appointed as the Company's auditor for the upcoming year, and the Amended & Restated Stock Option Plan and Restricted Share Unit Plan were approved [2] Group 2 - The Company sought dis-interested shareholder approval for two ordinary resolutions regarding amendments to Unsecured Convertible Debentures [3][4] - The first resolution ratified the third amendment to the 0971289 Unsecured Convertible Debenture, excluding votes from certain related parties, and received majority approval [4] - The second resolution ratified the first amendment to the Herb Dhaliwal Unsecured Convertible Debenture, also excluding votes from related parties, and obtained majority approval [4][5] Group 3 - The amendments to the Unsecured Convertible Debentures are classified as "related party transactions" under Multilateral Instrument 61-101, and the Company is relying on exemptions from formal valuation requirements [5] - The Company did not file a material change report more than 21 days prior to the effective date of these transactions, as they required ratification by dis-interested shareholder approval [6] Group 4 - Herbal Dispatch Inc. operates leading cannabis e-commerce platforms, focusing on providing high-quality cannabis products at affordable prices [7] - The flagship marketplace, herbaldispatch.com, offers exclusive access to small-batch craft cannabis flower and a variety of other product formats [7]

Core Points - Herbal Dispatch Inc. has adjourned its 2024 and 2025 Annual General and Special Shareholder Meeting originally scheduled for June 10, 2025, to June 17, 2025 [1] - The adjourned meeting will be held virtually via Zoom and physically at a specified location in Vancouver, B.C. [1] - The company was unable to meet its proxy requirements for the former meeting, necessitating the adjournment [2] - All proxies submitted for the former meeting will remain valid for the adjourned meeting unless revoked or amended [3] Company Overview - Herbal Dispatch Inc. operates leading cannabis e-commerce platforms and aims to provide high-quality cannabis products at affordable prices [6] - The company's flagship marketplace, herbaldispatch.com, offers exclusive access to small-batch craft cannabis flower and various other product formats [6] - Herbal Dispatch's common shares are traded on the Canadian Securities Exchange under the symbol "HERB" [6]