Toronto, Ontario--(Newsfile Corp. - November 10, 2025) - Green Panda Capital Corp. (TSXV: GPCC) ("Green Panda" or the "Company") announces that it intends to complete a non-brokered private placement of up to 6,000,000 common shares of the Company at a price of $0.05 per common share for aggregate gross proceeds of up to $300,000 (the "Private Placement").

In connection with the Private Placement, the Company may, on the applicable portion, pay finder's fees consisting of a cash commission equal to up to 6% of the gross proceeds raised. Completion of the Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including acceptance of the TSX Venture Exchange. The Company intends to use the net proceeds of the Private Placement for general corporate purposes.

Green Panda is also pleased to announce the appointment of Mr. Ivan Riabov to its Board of Directors, and as the Company's Chief Financial Officer and Corporate Secretary, effective November 7. Mr. Riabov brings extensive experience in capital markets and corporate finance and will provide valuable guidance as Green Panda advances its corporate strategy. The Company welcomes Mr. Riabov and looks forward to his contributions.

Mr. Riabov succeeds Mr. Steven Olsthoorn who has voluntarily stepped down from his roles as a director, Chief Financial Officer and Corporate Secretary of the Company, effective the same date. The Company extends its sincere gratitude to Mr. Olsthoorn for his contributions to Green Panda during his tenure and wishes him continued success in his future endeavors.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This release contains forward-looking statements regarding the Private Placement, including the proposed terms, use of proceeds, insider participation, required approvals, and expected closing. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially. The Company disclaims any intention or obligation to update or revise forward-looking statements except as required by law.

This release shall not constitute an offer to sell or the solicitation of an offer to buy the common shares, nor shall there be any sale of the common shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISEMMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273842