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05:42:13 EDT Sun 16 Jun 2024
Enter Symbol
or Name
USA
CA



Earthworks Industries Inc
Symbol EWK
Shares Issued 94,310,832
Close 2023-05-17 C$ 0.20
Market Cap C$ 18,862,166
Recent Sedar Documents

Earthworks closes $900,000 financing

2023-05-18 08:36 ET - News Release

Campbell Subject: Earthworks Industries Inc. - News Release May 18, 2023 Word Document File: '\\swfile\EmailIn\20230518 052747 Attachment EWK NR F 05-16-2023_.docx' News Release Suite 615 dot800 West Pender Street, Vancouver, BC V6C 2V6 Telephone: 604.669.3143 Fax: 604.669.3107 Email: info@earthworksinc.com I Web: www.earthworksinc.com TSX-V: EWK May 18, 2023 EARTHWORKS CLOSES PRIVATE PLACEMENT OF 4.5 MILLION UNITS Earthworks Industries Inc. (the "Company"), has closed a previously announced (May 15, 2023) non-brokered Private Placement of 4,500,000 Units for a price of $0.20 per Unit to provide the Company with gross proceeds of $900,000. Each Unit consists of one common share and one share purchase warrant. Each warrant will be exercisable to purchase one additional common share at a price of $0.40 for a period of one year. Proceeds of the placement will be applied to pay a loan fee to North Bay Corporation, continuing costs of the Company's Cortina project and for general working capital. For further information, contact: Earthworks Industries Inc. David Atkinson President/CEO 604-669-3143 Forward Looking Information Certain statements contained in this Release are statements of our beliefs, intentions, and expectations about the development of the Cortina Project. Such forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances and information supplied by the Company's consultants. The risks, uncertainties and assumptions are difficult to predict and may affect operations, and may include, without limitation: equipment and labor shortages and inflationary costs; general economic conditions; changes in applicable environmental, taxation and other laws and regulations as well as how such laws and regulations are interpreted and enforced; the ability of the Company to raise the necessary funding; the effect of weather conditions on construction, operations and facilities; the existence of operating risks; and volatility of waste disposal volumes and prices. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release

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