Jolt Health Inc. announced a non-brokered private placement of up to 76,000,000 units at a price of CAD 0.005 per unit for the total gross proceeds of up to CAD 380,000 on November 22, 2023. Each unit consists of one common share and one common share warrant. Each warrant entitles the holder to subscribe for one additional common share for a period of 2 years from the date of closing at a price of CAD 0.05, subject to the corporation?s option to accelerate the expiry date if the stock trades at CAD 0.15 for 10 trading days.

The company may pay qualified finders fees consisting of 8% in cash and 8% in brokers warrants.