Subject: News for Dissemination
PDF Document
File: Attachment 251107 PR PP Close GRUV Final.pdf
PROTIUM CLEAN ENERGY CORP. CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT
OFFERING
November 7, 2025 Toronto, ON. Protium Clean Energy Corp. (the "Company") (CSE: GRUV)
announces that the Company has closed its previously announced private placement offering (the
"Offering") (see press release dated October 17, 2025).
In connection with the closing of the Offering, the Company issued 7,700,000 common shares at a price
$0.055 per share for total proceeds of $423,500. The Offering as previously announced, contemplated a
maximum of 7,000,000 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 a 2% cash finders fee 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.
On Behalf of the Board of Directors,
"Marc Branson"
Chief Executive Officer
Protium Clean Energy Corp.
investors@protium.ca
604-816-2555
Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information" within
the meaning of applicable securities law including statements relating exploration program expenditures.
Forward-looking information is frequently characterized by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or
conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at
the date the statements are made, and are subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from those anticipated in the forward-looking
statements including, but not limited to delays or uncertainties with regulatory approvals, including that of
the CSE, inability to effectively plan a program, third party land claims or failure to obtain permits. There
are uncertainties inherent in forward-looking information, including factors beyond the Company's control.
There are no assurances that the business plans for the Company as described in this news release will
come into effect on the terms or time frame described herein. The Company undertakes no obligation to
update forward-looking information if circumstances or management's estimates or opinions should change
except as required by law. The reader is cautioned not to place undue reliance on forward-looking
statements. Additional information identifying risks and uncertainties that could affect financial results is
contained in the Company's filings with Canadian securities regulators, which are available at
www.sedarplus.ca.
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