Business
HydroGraph Announces Up to Approximately C$30 Million LIFE Offering of Units
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGRAF) (“HydroGraph” or the “Company”), a leading producer of ultra‑pure graphene, is pleased to announce the launch of a best‑efforts, fully marketed brokered private placement of up to 5,882,348 units of the Company (the “Units”
About this update from Hydrograph Clean Power Inc
[{"type":"text","content":"NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES","length":180,"tagName":"p"},{"type":"text","content":"TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGRAF) (“HydroGraph” or the “Company”), a leading producer of ultra‑pure graphene, is pleased to announce the launch of a best‑efforts, fully marketed brokered private placement of up to 5,882,348 units of the Company (the “Units”) at a price of C$5.10 per Unit (the “Offering Price”) for gross proceeds of up to approximately C$30,000,000 (the “Offering”). The Offering is being conducted by way of a private placement under Part 5A of National Instrument 45-106 - Prospectus Exemptions (“NI 45-106”), as amended by Coordinated Blanket Order 45-935 of the Canadian Securities Administrators (the “Listed Issuer Financing Exemption”) or such other exemptions under NI 45-106.","length":764,"tagName":"p"},{"type":"text","content":"Each Unit will consist of (i) one common share of the Company (each, a “Common Share”), and (ii) one‑half (½) of one common share purchase warrant of the Company (each whole warrant, a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one additional Common Share (a “Warrant Share”) at an exercise price of C$6.10 per Warrant Share for a period of 36 months following the closing date of the Offering (the “Closing Date”).","length":447,"tagName":"p"},{"type":"text","content":"The Offering is being conducted on a best‑efforts, fully marketed basis by Canaccord Genuity Corp., acting as lead agent and sole bookrunner (the “Lead Agent”), on behalf of a syndicate of agents to be formed by the Lead Agent (together with the Lead Agent, the “Agents”). In connection with the Offering, the Company intends to: (i) pay the Agents a cash commission equal to 6.0% of the gross proceeds of the Offering, and (ii) issue the Agents broker warrants entitling them to acquire that number of Common Shares equal to 6.0% of the Units sold under the Offering at C$5.63 for a period of 36 months following the Closing Date. Notwithstanding the foregoing, for subscriptions received from investors identified on the President’s List, the cash commission and broker warrants will be reduced to 3.0% of the...