1933 Industries Announces Non-Brokered Private Placement
Summary
NOT FOR DISTRIBUTION TO THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC / ACCESSWIRE / June 7, 2024 / 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE:TGIF)(OTCQB:TGIFF), a Nevada-focused cannabis cultivator and producer, is pleased to announce that it intends to complete a non-brokered private placement financing (the "Private Placement") consisting of a maximum of 120,000,000 Units, at a price of $0.015 per Unit, for gross proceeds of a maximum of $1,800,000.Each Unit shall consist of one common share in the capital of the Company ("Share") and one Share purchase warrant ("Warrant"), with each Warrant entitling the holder thereof to purchase a Share at an exercise price of $0.05 for a period of five years from the date of issuance.There is an offering document dated June 7, 2024 (the "Offering Document") related to the Private Placement that can be accessed under the Companys profile at http://www.sedarplus.ca and on the Companys website at http://www.1933industries.com.This offering document contains additional detail regarding the Private Placement, including additional detail regarding the expected use of proceeds from the Private Placement. "The Company also announces that its General Counsel and Vice President, Mr. Caleb Zobrists employment agreement has ended in accordance with the term specified therein. The Company thanks Mr. Zobrist for his many contributions over his tenure and wishes him well in his future endeavours.1933 Industries is a Nevada-based licensed producer, focused on the cultivation and extraction of a large portfolio of cannabis consumer products in a variety of formats under its flagship brands, Alternative Medicine Association (AMA) and Level X. AMA branded flower, infused pre-rolls, and in-house boutique concentrates consistently rank as the top products sold in Nevada. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements.