Subject: Parent Capital Corp. - News Release for Dissemination
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News Release Announcing Private Placement 1393-5264-2584 v.1.docx
News Release Announcing Private Placement 1393-5264-2584 v.1.docx
NEWS RELEASE
Parent Capital Announces Increase to Private Placement
Not for distribution to United States Newswire Services or for dissemination in the United States
August 25, 2025 - Vancouver, British Columbia - Parent Capital Corp. (the "Company") (TSX-V: PAR.H) announces that the Company has increased its previously announced private placement offering from $400,000 to $660,000. Pursuant to the offering as upsized, the Company is offering up to 11,000,000 units of the Company at a price of $0.06 per unit. Each unit will consist of a common share of the Company and a warrant exercisable to acquire an additional common share at a price of $0.09 per share for a period of two years.
Net proceeds of the offering will be used for general corporate purposes. The Company may pay finder fees on all or part of the offering. Closing of the offering is subject to the approval of the TSX Venture Exchange.
The securities issued pursuant to the offering will not be registered under the U.S. Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements. All securities issued pursuant to the offering will be subject to a four-month hold period under Canadian securities laws and the policies of the TSX Venture Exchange, as applicable.
For more information, contact:
John Anderson
President and CEO, Parent Capital Corp.
Phone +1 604 218 7400
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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