Mr. Marc Branson reports
PROTIUM CLEAN ENERGY CORP. CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT
OFFERING
Protium Clean Energy Corp. has closed its previously announced private placement offering (see press release dated Oct. 17, 2025).
In connection with the closing of the offering, the company issued 7.7 million common shares at a price
of 5.5 cents per share for total proceeds of $423,500. The offering as previously announced, contemplated a
maximum of seven million common shares reflecting an oversubscription of 700,000 common shares.
All securities issued in connection with the offering are subject to a four-month-and-one-day statutory hold
period.
The company paid 2-per-cent cash finders' fees to eligible finders.
The proceeds of the offering will be used for general working capital purposes.
Closing of the offering is subject to approval from the Canadian Securities Exchange.
We seek Safe Harbor.
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