Brasnova Energy Materials Inc. Announces $1 Million Private Placement

Rhea-AI Summary

Brasnova Energy Materials (TSXV: BEM) has announced a non-brokered private placement to raise up to $1 million through the issuance of 5 million units at $0.20 per unit. Each unit includes one common share and one warrant exercisable at $0.30 for 36 months.

The warrants include an acceleration clause if shares trade at or above $1.00 for 10 consecutive trading days. The securities will have a four-month hold period. Proceeds will fund project payments, development initiatives, and working capital. Finder's fees may be paid in cash and broker warrants.

Positive

• Raising up to $1 million to fund project development and working capital
• Warrant exercise could provide additional future funding at $0.30 per share

Negative

• Potential dilution for existing shareholders
• Four-month hold period restricts immediate trading

Vancouver, British Columbia--(Newsfile Corp. - August 6, 2025) - Brasnova Energy Materials Inc. (TSXV: BEM) ("BEM'' or the "Company") is pleased to announce a non-brokered private placement financing for aggregate gross proceeds of up to $1,000,000. The financing will consist of up to five million units at 20 cents, each unit consisting of one common share of the company and one common share purchase warrant with each warrant being exercisable for an additional common share at an exercise price of 30 cents for 36 months. The warrants will be subject to the right of the company to accelerate the exercise of the warrants if the shares of the company trade at or above $1.00 for a period of 10 consecutive trading days.

All securities issued pursuant to the financing will be subject to a four-month hold. Proceeds from the financing will be used for project payments, continuing development of the company's projects and general working capital. Finders fees in cash and non-transferable broker warrants, and in accordance with Exchange policies may be paid in relation to the Financing.

ABOUT BRASNOVA ENERGY MATERIALS INC.

Brasnova Energy Materials is focused on securing, developing and monetizing energy materials assets and technologies to build shareholder value.

On behalf of the Board of Directors of
BRASNOVA ENERGY MATERIALS INC.

"Brian Leeners"

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements.

Neither the 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261462

FAQ

What is the size and price of Brasnova Energy Materials' private placement?

Brasnova Energy Materials is raising up to $1 million through the issuance of 5 million units priced at $0.20 per unit.

What are the terms of the warrants in Brasnova's private placement?

Each warrant is exercisable at $0.30 for 36 months, with an acceleration clause if shares trade at or above $1.00 for 10 consecutive trading days.

How will Brasnova Energy Materials use the proceeds from the private placement?

The proceeds will be used for project payments, continuing development of company projects, and general working capital.

What is the hold period for securities issued in Brasnova's private placement?

All securities issued in the private placement will be subject to a four-month hold period.