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Treatment.com AI Announces Non-Brokered Private Placement of up to C$3 million of Special Warrants and Units

Treatment.com AI Announces Non-Brokered Private Placement of up to C$3 million of Special Warrants and Units

Toronto Star25-07-2025
Vancouver, British Columbia, July 25, 2025 (GLOBE NEWSWIRE) — Treatment.com AI Inc. (the 'Company' or 'Treatment') (CSE: TRUE; OTC: TREIF; 939: FRA) is pleased to announce that due to strong inbound interest from new and existing investors, it is undertaking a non-brokered private placement of up to C$3 million of a combination of special warrants of the Company (each, a 'Special Warrant') at a price of C$0.50 per Special Warrant and units of the Company (each, a 'Unit') at a price of C$0.50 per Unit ('Offering'). Each Unit shall consist of one common share of the Company (a 'Share') and one common share purchase warrant (each, a 'Warrant'). Each Warrant shall entitle the holder thereof to acquire one Share at a price of C$0.75 per Share for a period of 12 months following the date of issuance of the Warrants.
Each Special Warrant will automatically convert, for no additional consideration, into one Unit on the date (the 'Conversion Date') that is the earlier of: (i) the third business day after the date of filing a prospectus supplement to a short form base shelf prospectus (the 'Prospectus Supplement') qualifying the distribution of the Shares and Warrants issuable upon the conversion of the Special Warrants, and (ii) 4 months and one day after the issue date of the Special Warrants. No Special Warrants may be exercised by the holder thereof prior to the Conversion Date.
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