Schwabo Capital Corporation announced a non-brokered private placement of up to 4,500,000 common shares at a price of CAD 0.10 per share for gross proceeds of up to CAD 450,000 on June 28, 2024. Closing of the Offering is subject to the receipt of all necessary corporate and regulatory approvals, including the TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus one day from the date of completion of the Offering, in accordance with the applicable securities legislation.