Fraser Mackenzie Accelerator Corp announced it has entered into a definitive agreement for 10,000,000 subscription receipts at a price of CAD 0.15 per subscription receipt for a proceeds not more than CAD 1,500,000 on May 14, 2024. Each subscription receipt entitling the holder to receive one common share and one-half of a common share purchase warrant, each whole such warrant entitling the holder to purchase one FMAC Share at an exercise price of CAD 0.20 at any time prior to the third anniversary of the issuance of such warrant.