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Enter Symbol
or Name
USA
CA



Earthworks Industries Inc
Symbol EWK
Shares Issued 98,810,832
Close 2023-05-29 C$ 0.20
Market Cap C$ 19,762,166
Recent Sedar+ Documents

Earthworks Industries closes $900,000 private placement

2023-05-30 16:11 ET - News Release

Campbell Subject: Earthworks Industries Inc. - News Release May 30, 2023 Word Document File: '\\swfile\EmailIn\20230530 130205 Attachment EWK NR May 30, 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 30, 2023 EARTHWORKS CLOSES PRIVATE PLACEMENT OF 4.5 MILLION UNITS Earthworks Industries Inc. (the "Company"), has closed a non-brokered Private Placement of 4,500,000 Units for a price of $0.20 per Unit. Each Unit consists of one common share and one share purchase warrant. Each warrant is exercisable to purchase one additional common share at a price of $0.40 during the period ending May 18, 2024. The placements were originally announced in a News Release dated May 15, 2023. The Company received from the Placements gross proceeds of $900,000. All shares included in the Units and any shares issued as a result of exercise of the warrants will be subject to a non-trading hold period expiring September 18, 2023. Proceeds of the placement will be applied to pay continuing costs of the Company's Cortina project, outstanding accounts payable and for general working capital. As the placements were non-brokered, the Company is not obliged to pay any brokerage or finder's fees with respect to the placements. For further information, contact: Earthworks Industries Inc. David Atkinson President/CEO 604-669-3143 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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