Mr. Robert Dubeau reports
ZOGLO'S ANNOUNCES CLOSING OF $80,850 PRIVATE PLACEMENT OF UNITS
Zoglo's Food Corp., further to its news release dated Oct. 9, 2025, has completed its previously announced non-brokered private placement of units of the company by the issuance of 1.47 million units at a price of 5.5 cents per unit for gross proceeds of $80,850.
Each unit consists of one common share of the company and one whole common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share at an exercise price of 10 cents per common share for a period of 36 months from the closing date of the offering.
The net proceeds of the offering are expected to be used for general working capital purposes and to pay the company's outstanding payables. The securities issued under the offering will be subject to a statutory hold period in Canada expiring four months and one day from the closing of the offering. No finders' fees are payable in connection with the offering.
About Zoglo's Food Corp.
Zoglo's Food is a publicly traded company listed on the Canadian Securities Exchange under the ticker ZOG and the Frankfurt Stock Exchange under the ticker KX9.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.