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Enter Symbol
or Name
USA
CA



Delta Cleantech Inc
Symbol DELT
Shares Issued 58,523,100
Close 2023-12-22 C$ 0.025
Market Cap C$ 1,463,078
Recent Sedar+ Documents

Delta Cleantech closes $425,000 placement of units

2023-12-22 17:58 ET - News Release

Subject: Delta CleanTech Inc. News Release PDF Document File: Attachment 2023-12-22 Private Placement Closing.pdf DELTA ANNOUNCES CLOSING OF PRIVATE PLACEMENT Calgary, Alberta December 22, 2023 Delta CleanTech Inc. ("Delta" or the "Company") (CSE:DELT, FRA: 66C, OTCQB:DCTIF) announces that it has closed the private placement, previously announced on December 14, 2023, by issuing 21,250,000 units at a price of $0.02 per unit ("Unit"), for the gross proceeds of $425,000 ("Private Placement"). Each Unit will consist of one common share and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant entitles the holder to purchase one common share ("Warrant Share") of Delta at an exercise price of $0.05 per Warrant Share, for a period of five years. The common shares issued, and the Warrant Shares are subject to a hold period under applicable securities law until 23 April, 2024. Prior to the Private Placement, Delta had 63,823,100 common shares and 19,261,500 warrants issued and outstanding and after closing of the Private Placement, Delta now has 85,073,100 common shares and 29,886,500 warrants issued and outstanding. The proceeds will be utilized for working capital. No bonuses, finder's fees, compensation or commissions are payable under the Private Placement. Delta CleanTech Inc. is a 19-year ESG-driven, recognized technology leader in CO2 Capture, Decarbonization of Energy, Solvent & Glycol Reclamation, Methane Destruction, Blue Hydrogen Production, and Carbon Credit Aggregation and Management. Delta continues to provide solutions to clients all over the world in sequestering, capturing, and reducing CO2 and through its affiliate, Carbon RX, is originating, validating, digitizing, and streaming Carbon Credits. For more information contact: Jeff Allison, President Phone: 306-352-6132 E-mail: jallison@deltacleantech.com Forward Looking Statements This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which are based upon Delta's current internal expectations, estimates, projections, assumptions and beliefs and views of future events. Forward-looking information can be identified using forward-looking terminology such as "expect", "likely", "may", "will", "should", "intend", "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. Forward-looking information include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. Specifically, this news release contains forward looking information relating to the Company's design and build of future projects, and successful funding application, among others. The CSE does not accept responsibility for the adequacy or accuracy of this release. 1. https://www.budget.canada.ca/fes-eea/2022/doc/gf-fc-en.pdf 2. https://www.budget.canada.ca/fes-eea/2023/report-rapport/FES-EEA-2023-en.pdf pg. 1

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