Subject: HARY News Release
PDF Document
File: Attachment 2025 07 15 - Final_Harrys_Financing_Release - Updated Terms - Final.pdf
For Immediate Release.
HARRYS MANUFACTURING INC. UPDATES TERMS OF NON-BROKERED
PRIVATE PLACEMENT
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES
VANCOUVER, British Columbia July 15, 2025 Harrys Manufacturing Inc. (CSE:
HARY) (the "Company" or "Harrys") is pleased to announce an update to the terms of its
previously announced non-brokered private placement, initially disclosed on May 23, 2025.
Under the updated terms of the offering (the "Offering"), the Company intends to issue up
to 4,247,826 units (each a "Unit") at a price of $0.023 per Unit, for aggregate gross
proceeds of up to $100,000.
Each Unit will consist of one common share in the capital of the Company (a "Share")
and one transferrable common share purchase warrant (a "Warrant"). Each Warrant will
entitle the holder to purchase one additional Share at a price of $0.05 for a period of 24
months from the closing of the Offering.
The Company may pay finder's fees on the Offering within the amount permitted by the
policies of the Canadian Securities Exchange ("CSE"). The Company will use the net
proceeds from the Offering for operations and administrative costs.
Completion of the Offering is subject to certain conditions including receipt of all
necessary corporate and regulatory approvals, including the CSE. All securities issued
in connection with the Offering will be subject to a statutory hold period of four months
plus a day from the date of issuance in accordance with applicable securities legislation.
The Offering is not subject to a minimum aggregate amount of subscriptions.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy
securities in the United States, nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful. The securities
being offered have not been, nor will they be, registered under the 1933 Act or under
any U.S. state securities laws, and may not be offered or sold in the United States
absent registration or an applicable exemption from the registration requirements of the
1933 Act, as amended, and applicable state securities laws.
"We are actively developing strategies to enhance shareholder value and seeking
merger partners to unlock our potential," says CEO Nick Brusatore.
ON BEHALF OF THE BOARD
Nick
Brusatore
CEO
For further information, please contact:
Corporate Communications
Telephone: 604-356-0411
Email:
nbrusatore@gmail.com
www.harrysmfg.com
Information in this news release concerning the Company's products is intended
for the exclusive use of market investors and is not in any way intended to
promote tobacco products to consumers, which is prohibited by Canadian law.
Neither the Canadian Securities Exchange nor its regulation services provider
accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements: This news release includes
certain statements and information that may constitute "forward-looking information"
within the meaning of applicable Canadian securities laws. All statements in this news
release, other than statements of historical facts, including statements regarding future
estimates, plans, objectives, timing and assumptions or expectations of future
performance are forward-looking statements and contain forward-looking information.
Generally, forward-looking statements and information can be identified by the use of
forward-looking terminology such as "intends" or "anticipates", or variations of such
words and phrases or statements that certain actions, events or results "may", "could",
"should", "would" or "occur". Forward-looking statements are based on certain material
assumptions and analysis made by the Company and the opinions and estimates of
management as of the date of this news release. These forward-looking statements are
subject to known and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such forward-looking statements
or forward-looking information. Although management of the Company has attempted to
identify important factors that could cause actual results to differ materially from those
contained in forward-looking statements or forward- looking information, there may be
other factors that cause results not to be as anticipated, estimated or intended. There
can be no assurance that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking statements
and forward-looking information. Readers are cautioned that reliance on such
information may not be appropriate for other purposes. The Company does not
undertake to update any forward- looking statement, forward-looking information or
financial out-look that are incorporated by reference herein, except as required by
applicable securities laws.
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